

Tranquility Center
4 Properties New Offering at $8,995,000 in Pearland, TX
Marketing description
NEW Leases- Tranquility Center in Pearland, TX—Consisting of 4 Buildings and a double-sided Billboard, on the Busy FM 518, with Rental Income. This beautiful well-maintained property is a lucrative investment opportunity strategically located just 20 minutes from the bustling Medical Center and Downtown Houston. The four buildings have a diverse range of Medical, Legal Tenants, a Long-term Learning Center, and other professional tenants. Current at an impressive 98% occupancy rate. Additional income consists of the floored attic space available for lease above the various buildings. With stable and long-term tenants on NNN leases, Tranquility Center guarantees a reliable revenue stream. The well-maintained buildings feature a total square footage of 39,065, offering a mix of office and retail spaces ideal for investors seeking a stable return. The property is a Stable Income Property, well-maintained, and in a great location, making it a seamless addition to a 1031 exchange portfolio. Built between 2003 and 2008, this prime commercial real estate opportunity combines a competitive Return rate. Don't miss the chance to own a piece of this thriving business community at 7918 Broadway St., Pearland, TX 77581. Traffic Count per Crexi: 27,300 Cars per Day
Investment highlights
- Call for details. Lucrative Investment Opportunity
- Additional Income with Floored Attic space above buildings
- Income producing Bill Board on FM 518
- Well Maintained, upside potential
- In the Center of Pearland, one of the finest cities of the Houston Suburbs
- High income, family area with close commute to the Houston Medical Center and Downtown Houston
- Four buildings 97% occupied
- Restaurants and other amenities near by
- Traffic Count per Crexi: 27,300 Cars per Day
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