2600 Cordes Dr.
14,768 SqFT I 100% Leased I Retail Center I Sugarland TX 77478 I 6.47% CAP | $5,200,000 ($352.11/SF)
Marketing description
Introducing 2600 CORDES DR., a prime investment opportunity located in bustling Sugar Land, TX. This 14,768 SF retail center presents a lucrative offering with a sale price of $5.2 million, boasting a solid CAP rate of 6.47% and 100% occupancy generating a Net Operating Income of $336,598. With an affluent demographic surrounding the property and a diverse array of strong tenants secured with long-term leases in place, this investment ensures immediate cash flow and income stability. The asset features a NNN lease structure that minimizes landlord responsibilities, making it a low-maintenance and passive investment opportunity. Strategically situated near major retailers, dining establishments, healthcare facilities, and entertainment venues, this professionally managed property in the heart of Sugar Land promises a lucrative return on investment. Don't miss the chance to capitalize on this exceptional commercial real estate offering.
Investment highlights
Stabilize multi-tenant retail asset
- 100% Occupied
- All tenants have 5 or more years remaining, significantly reducing rollover risk and enhancing income stability
- Offering investors immediate and predictable cash flow
NNN Lease Structure
- Tenants reimburse CAM, Taxes, and Insurance
- Minimizing Landlord responsibilities and creating a passive low-maintenance investment
Located in High-Demand Sugar Land, TX
- Sugar Land is one of the Houston’s area most affluent and fast-growing suburban markets. Known for strong demographics, high household incomes, and robust retail demand.
Professionally Managed Asset
- Professional management in place ensures smooth operations, optimized expenses and hands off.
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