www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
19542911
20251669

1619 Texas Pkwy, Missouri City, TX 77489 For Sale

Trinh Nguyen
Listed by Trinh Nguyen
$1,350,000
717 days on market
Updated 33 days ago

4 Units Retail Strip Center in Missouri City, TX

Details
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 4,500
Net Rentable (SqFt) 4,500
Units 4
NOI $83,300
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma NOI $63,340
Class C
Year Built 1997
Buildings 1
Stories 1
Acreage 0.580
Ground Lease No

Fully Leased - Growing Area - New Constructions Surrounding

Marketing description

SELLER FINANCING available at more than 50% down payment, low interest rate!!!

  • Property Type: 4-unit Retail Strip Center

  • Area: 4,500sqft building on 0.58 acre lot

  • Location: Missouri City, TX

  • Construction Year: Built in 1997, offering newer construction compared to neighboring properties

  • Occupancy: Fully leased by reliable tenants, including one with a long-term lease of 10 years

  • Rental Potential: Currently charging below-market rents, with potential for future increases. Pro-forma NOI 2025 can go up to $97K

  • Visibility: Located on the busy Texas Pkwy street, ensuring high visibility and significant foot traffic

  • Nearby Facilities: Adjacent to a newly-built Discount Tire; directly across from the HCC Missouri City campus

  • Area Development: Situated in a rapidly growing area with expanding industrial warehouses, office spaces, and numerous newly-developed residential neighborhoods

  • Market Opportunity: Unique investment opportunity with no comparable properties available for sale within a 10-mile radius

  • Proximity to Major Areas: Conveniently close to Sugar Land and Pearland, enhancing its appeal and accessibility

We do require interested buyers to fill out an NDA and provide Proof of Fund before we can share more financial information.

Please copy and paste the link below in your browser to access the NDA: https://form.jotform.com/242105680506046

If you have any question, please contact [email protected] or call 844-THE-8880

Listing Contacts

Trinh Nguyen
Listed by Trinh Nguyen

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,300.00
$6,941.67/mo

Valuation Metrics

0
DSCR
6.17%
Cap Rate
6.17%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Thế Trinh Nguyen
License
617251
Brokerage
The Realty TX
Title
Broker
Brokerage Address
9788 Clarewood Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591