9737 Eagle Dr - Storefront FOR SALE


Mont Belvieu, TX 77523
$7,235,500 USD
972-375-3437
9737 Eagle Dr, Mont Belvieu, TX for Sale
$7,235,500 USD
Storefront - FOR SALE
1/10
null | 6.25% Cap Rate

9737 Eagle Dr
Mont Belvieu, TX 77523


HIGHLIGHTS

  • Tremendous opportunity to acquire a newly built, 100% leased shopping center in Mont Belvieu, a fast growing suburb of Houston, Texas
  • Superb demographics: The area experienced 36% population growth in a 3-mile radius from 2020-2024 with an average annual income of $163,900
  • Strategically positioned at the intersection of SH 99 and I-10, Mont Belvieu is poised to be the destination city for the east side of the Houston
  • Located at the signalized intersection of Eagle Dr and Perry Ave, by Barbers Hill Middle School and Barbers Hill High School (UIL 5A: 1,972 Students)
  • Riceland master planned community is a new 1,400 acre master planned community that will have 4,500 homes upon completion
  • Located near the heart of Houston, the City of Mont Belvieu is home to more than 11,000 residents and is the most important hub for natural gas liquid

OVERVIEW

Tremendous opportunity to acquire a newly built, 100% leased shopping center in Mont Belvieu, a fast growing suburb of Houston, Texas. Superb demographics: The area experienced 36% population growth in a 3-mile radius from 2020-2024 with an average annual income of $163,900 90% of tenants signed 10-year leases with rental increases during the primary term of the lease | NNN leases include reimbursement for management Located at the signalized intersection of Eagle Drive and Perry Ave, across the street from Barbers Hill Middle School and Barbers Hill High School (UIL 5A: 1,972 Students). Riceland master planned community is a new 1,400 acre master planned community that will have 4,500 homes upon completion. The first phase is currently under construction and delivered 400 homes in 2024 Located near the heart of Houston, the City of Mont Belvieu is home to more than 11,000 residents and is the most important hub for natural gas liquids (NGLs) in the country. Strategically positioned at the intersection of SH 99 and I-10, Mont Belvieu is poised to be the destination city for the east side of the Houston-Galveston metro area.

FOR SALE DETAILS

PRICE

$7,235,500 USD

PRICE/SF

$584 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eagle Point Shoppes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

2.53 AC

LAND SF

110,155 SF

ZONING

-

APN/PARCEL ID

00013-11202-00000-060001

ASK ABOUT THIS PROPERTY

Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

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Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

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