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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31162960
31162961

1427 E Broadway St, Pearland, TX 77581

JP
CA CA 02090490
SRS Real Estate Partners Newport Beach
MM
CA 01732226
SRS Real Estate Partners Newport Beach
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach
$2,890,000
76 days on market
Updated 37 days ago

Longwood Crossing

Details
APN 1105-0000-001
Property Type Retail
Sub Type Storefront
Square Footage 5,226
Cap Rate 5.78%
NOI $166,913
Occupancy 100%
Tenancy Multi
Brand/Tenant Starbucks
Price per SqFt $553
Year Built 2017
Acreage 0.830
Zoning GC: General Commercial
Parking Spaces 38 spaces
Parking Per SqFt 7.27
Ownership Fee Simple (Land & Building)

Retail | 5.78% CAP | 5,226 SqFt

Investment highlights

  • Value-Add Opportunity | Options To Extend | Scheduled Rental Increases

  • NNN Leases | Fee Simple Ownership | Limited Landlord Responsibilities

  • Across From Home Depot Anchored Center | Dense Retail Corridor

  • Strong Demographics In 5-Mile Trade Area

Listing Contacts

JP
CA CA 02090490
SRS Real Estate Partners Newport Beach
MM
CA 01732226
SRS Real Estate Partners Newport Beach
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$166,913.00
$13,909.42/mo

Valuation Metrics

0
DSCR
5.78%
Cap Rate
5.78%
ROI

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Additional Information

Name
Ryan Johnson
License
TX License No. 525292
Brokerage
SRS Real Estate Partners-Southwest, LLC
Title
Broker of Record
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