9737 Eagle Dr - Storefront FOR SALE


Mont Belvieu, TX 77523
$6,956,000 USD
972-375-3437
9737 Eagle Dr, Mont Belvieu, TX for Sale
$6,956,000 USD
Storefront - FOR SALE
1/11
null | 6.5% Cap Rate

9737 Eagle Dr
Mont Belvieu, TX 77523


HIGHLIGHTS

  • Brand New, 100% leased in Mont Belvieu, Fast growing Houston, Texas suburb
  • Incredible tenant lineup that includes: Tropical Smoothie Cafe, Jersey Mike's, Little Caesars, and Beaky’s Hot Chicken
  • 36% population growth in a 3-mile radius from 2020-2024 with an average annual income of $163,900
  • Attractive rent increases built into primary terms of leases and options
  • Across from Barbers Hill Middle School and Barbers Hill High School-https://www.ricelandtx.com
  • 90% of tenants signed 10-year leases with rental increases during the primary term of the lease

OVERVIEW

Brand New, 100% leased in Mont Belvieu, Fast growing Houston, Texas suburb Incredible tenant lineup that includes: Tropical Smoothie Cafe, Jersey Mike's, Little Caesars, and Beaky’s Hot Chicken Attractive rent increases built into primary terms of leases and options 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 Across from Barbers Hill Middle School and Barbers Hill High School (UIL 5A: 1,972 Students) Benefits from 1,400 acre master planned community-https://www.ricelandtx.com

FOR SALE DETAILS

PRICE

$6,956,000 USD

PRICE/SF

$561 USD /SF

CAP RATE

6.5%

% 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

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

Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

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