Vitamin Shoppe
Prime Pearland Retail Corridor | Shadow Creek Ranch Trade Area | Strong Health & Wellness Location
Marketing description
Located at 11414 Broadway Blvd in Pearland, Texas, this freestanding Vitamin Shoppe is positioned along one of the most established retail corridors in the Houston MSA. The property sits within the Shadow Creek Ranch trade area, a dense master-planned community with more than 15,000 homes, and benefits from direct frontage along Broadway Blvd, a major commercial artery linking the area’s leading retail nodes and national tenancy. The site is surrounded by a deep roster of complementary retailers, restaurants, and daily-needs traffic drivers, creating a highly functional real estate position for both the current tenant and long-term residual value.
The asset consists of approximately 3,600 square feet on roughly 0.51 acres and features modern 2009 construction, dedicated parking, strong visibility, and convenient access to Highway 288. Pearland’s proximity to Downtown Houston, the Texas Medical Center, and other major employment centers continues to support population growth, consumer spending, and retailer demand throughout the corridor. For investors seeking a well-located single-tenant retail asset in an affluent suburban submarket, this property offers compelling real estate fundamentals in a mature, high-traffic corridor.
Investment highlights
INSTITUTIONALLY VALIDATED CORRIDOR I 135M PORTFOLIO SALE IN SHADOW CREEK RANCH
In 2021, an institutional buyer acquired a $135 million, 16-property portfolio in Shadow Creek Ranch at a 6.15%
blended cap rate — including freestanding bank pads on Broadway (PNC, Comerica, Frost Bank) paying $32–$33/
SF. As individual sales, those pads would have traded in the mid-to-low 5s. The subject property at 6.51% in today’s
higher-rate environment is consistent with that institutional precedent when adjusted for rate movement.
COMMITTED OWNERSHIP I NEW CAPITAL & LEADERSHIP INVESTING IN GROWTH
In May 2025, Vitamin Shoppe was acquired by Kingswood Capital Management and Performance Investment
Partners for $193.5 million as part of a strategic separation from its former parent company. Former CEO Sharon
Leite returned to lead the business with a proven track record from her prior tenure (2018–2023). New ownership is
investing in store upgrades across ~700 locations, expanding digital capabilities, and growing private-label brands
— there is no signal of contraction.
RENT AT MARKET I ZERO ROLLDOWN RISK
Vitamin Shoppe pays $38/SF NNN — right in line with freestanding pad rents on Broadway, where Whataburger
pays $54.50/SF and banks sit at $35–$36/SF. Strip inline rents run $30–$37/SF. There is no above-market income
at risk of resetting downward, and a replacement tenant — QSR, dental, urgent care, or wireless — would re-lease
at comparable or higher rent on a 3,600 SF pad in this corridor.
AFFLUENT HOUSTON SUBURB I SHADOW CREEK RANCH TRADE AREA
The property draws from Shadow Creek Ranch — a 3,500-acre master-planned community with 15,000+ homes
and average household income exceeding $156,000. Broadway Blvd (±36,000 VPD) is the primary commercial
spine, anchored by H-E-B Plus, Academy, Burlington, and Hobby Lobby at Shadow Creek Ranch Town Center.
Pearland’s population exceeds 129,000 with a citywide median household income of $118,842.
LOW-TOUCH NNN OWNERSHIP I NEW ROOF WITH LONG-TERM WARRANTY
NNN lease with landlord responsibility limited to roof and structure. A new TPO roof was installed approximately
two years ago with a 20 year manufacturer warranty — eliminating the largest capital exposure for the duration of
the lease and well into any renewal period. Modern 2009 construction, efficient layout, ample parking, minimal
near-term capital requirements.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
