12568 Broadway St | Pearland, TX 77584
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- LoopNet Team
12568 Broadway St
Pearland, TX 77584
The Shops on Broadway · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new high-quality construction | Two (2) drive-thrus located on either side
- ?Average remaining lease term of five years ?| Long-term, sustainable cash flow
- 69.2% population growth since 2010 within a 1-mile radius ?| 195,812 residents within a 5-mile radius
- 100% leased to a dynamic tenant lineup and a strong mix of corporate leases including Shipley’s Do-nuts, MINT Dentistry, and WingStop
- The Broadway Corridor has experienced rapid expansion with more than 3.4M square feet of retail
- ?58.3% of the population hold a Master's degree or higher within a 3-mile radius | ?$133,111 average household income within a 3-mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,733 SF
Building Class
B
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.67 AC
Zoning
N/A
Parking
68 Spaces (6.92 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 5644-0000-001 | Improvements Assessment | $2,444,490 |
| Land Assessment | $755,510 | Total Assessment | $3,200,000 |
PROPERTY TAXES
Parcel Number
5644-0000-001
Land Assessment
$755,510
Improvements Assessment
$2,444,490
Total Assessment
$3,200,000
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