6850 Highway 6 - Storefront Retail/Office FOR SALE


Missouri City, TX 77459
$5,436,000 USD
415-269-8969
6850 Highway 6, Missouri City, TX for Sale
$5,436,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 6.6% Cap Rate

6850 Highway 6
Missouri City, TX 77459


HIGHLIGHTS

  • Prime Location in a Thriving Suburban Market
  • Strong Tenant Mix with High Profitability
  • Site Features Designed for Accessibility & Efficiency
  • Located in Missouri City: A Suburban Gem and Houston Suburb

OVERVIEW

Recently constructed retail 2021 strip center boasting strategic location in key retail trade area along State Highway 6. The center offers a diverse tenant mix, excellent visibility, and convenient access to nearby master-planned communities. The subject property is strategically situated along State Highway 6, the primary retail corridor serving the thriving suburban communities of Missouri City and neighboring Sugar Land. This bustling corridor features a diverse and robust retail mix, including major national anchors like Walmart, Target, Home Depot, Kohl's, Kroger, and H-E-B, alongside an array of smaller retailers and popular national QSRs. The center boasts a well-curated tenant mix that seamlessly caters to daily needs, dining, and services, creating a vibrant destination for the community. The cohesive synergy among tenants fosters a dynamic environment, driving consistent foot traffic and sustaining high customer engagement throughout the day. Two tenants relocated to the center from other retail spaces in the trade area and have since seen significant sales growth and prosperity. Missouri City and its surrounding areas epitomize suburban excellence, featuring high-quality residential communities and top-rated schools that consistently attract families and professionals. The region enjoys a balanced demographic mix of professional and working-class residents, with many employed in nearby industrial and petroplex sectors that drive both jobs and traffic to the area.

FOR SALE DETAILS

PRICE

$5,436,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairview Plaza Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

XMS

APN/PARCEL ID

0013-00-000-0140-907

ASK ABOUT THIS PROPERTY

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.