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27157866
27157867

8498 S Sam Houston Pkwy E, Pearland, TX 77581

JF
TX 593192
ProspectCRE
RK
TX 775141
The Blue Ox Group
Listed by ProspectCRE, The Blue Ox Group
$10,500,000
254 days on market
Updated 23 days ago

Boulder Creek Plaza

Details
Property Type Retail
Sub Type Shopping Center, Storefront
Net Rentable (SqFt) 31,404
Units 11
Cap Rate 6.78%
Occupancy 95%
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Year Built 2010
Buildings 1
Stories 1
Lot Size (SqFt) 283,053
Investment Type Stabilized

Multi-Tenant Investment Opportunity Shadow Anchored by Studio Movie Grill | 6.50% CAP

Marketing description

Shadow Anchored by Studio Movie Grill

Boulder Creek Plaza is shadow anchored by Studio Movie Grill, a major traffic driver for the immediate area with over 362,000 annual visits.

Superior Regional Location with Great Exposure

The Property is located at the SWC of Beltway 8 & Pearland Pkwy, one of the main intersections for the trade. The center benefits from its strategic position on the going home side of Pearland Parkway and has exposure to over 166,000 cars per day at the intersection.

Diversified & Internet Resistant Tenant Mix

The center is comprised of an internet resistant, diversified tenant mix providing medical, food, fitness, service and unique retail offerings to the immediate and surrounding area.

Signalized Intersection

Boulder Creek Plaza is ideally positioned at the signalized intersection of Pearland Pkwy & Beltway 8.

Dense Retail Node

The Property is positioned within a dense retail node for the surrounding trade area. Within close proximity of the center, there are several major retailers including Target, Studio Movie Grill, H-E-B, Burlington, Dollar Tree, James Avery, Specs and several others.

Investment highlights

Boulder Creek Plaza is a multi-tenant investment opportunity located at the SWC of Beltway 8 & Pearland Pkwy in Pearland, TX (Houston MSA). The center is 95% leased to a diversified and internet resistant tenant mix providing medical, fitness, food, service and unique retail offerings to the immediate trade area.

Listing Contacts

JF
TX 593192
ProspectCRE
RK
TX 775141
The Blue Ox Group
Listed by ProspectCRE, The Blue Ox Group

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Additional Information

Name
Blue Ox Brokerage, LLC
License
TX 9009549
Brokerage
The Blue Ox Group
Title
Broker of Record
Brokerage Address
2421 Tangley St Suite 105, Houston, TX 77005
Name
Joe Foty, CCIM
License
593192
Brokerage
ProspectCRE
Brokerage Phone
832.641.4270
Title
Principal
Brokerage Address
1616 South Voss Road
Name
Rami Khoury
License
775141
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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