Country Place Plaza 1801
Pearland NNN Retail | 6.52% CAP | 95% Occupied
Marketing description
Position your business in the heart of Pearland’s thriving commercial corridor. 1801 Country Place Parkway offers exceptional visibility and accessibility within one of the fastest-growing submarkets in the Greater Houston area. Strategically located near major freeway arteries, this property provides seamless connectivity to Hwy 288, Beltway 8, and I-45, making it convenient for customers, employees, and distribution alike.
Just minutes from Houston Hobby Airport and a short drive to Galveston Island, the site benefits from strong regional connectivity and a robust local economy. Pearland’s continued population and business growth make this an ideal location for companies seeking a dynamic, high-traffic environment close to Houston’s core.
Investment highlights
Country Place Plaza is a high-visibility, corner-positioned retail center located at 1801 Country Place Parkway in Pearland, Texas. Built in 2000, this 20,500 SF property sits on an 82,764 SF lot and serves as a stable investment opportunity in one of the Greater Houston area's fastest-growing suburban corridors
Offering Price: $4,600,000
Net Operating Income (NOI): $296,616
CAP Rate: Approximately 6.52%
Occupancy: 95.02%
Upside Potential: Leasing the single vacant 1,020 SF unit at market rates ($23–$26/SF) is estimated to add $24,000–$27,000 to the annual NOI, potentially pushing the effective CAP rate above 7%
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