12152 Shadow Creek Pkwy., Pearland, TX 77584 For Sale

Lee & Associates is pleased to offer for sale the fee simple interest in 12152 SHADOW CREEK PARKWAY, in Pearland, Texas. It is a single tenant, single story retail building of 15,832 square feet that is on a single lot totaling 1.5 acres. The lease is a 15 year Triple Net lease with approximately 13 years of term remaining. Tenant is responsible for all repairs and maintenance on the property, except for the roof, but landlord's responsibility for the roof expires at the end of the third year of the lease.

The City of Pearland, Texas, located just south of Houston, Texas, is expected to grow from approximately 125,000 people in 2020 to approximately 155,000 people in 2040. The median household income in Pearland is $112,470.

12152 Shadow Creek Parkway is ideally located in Pearland, Texas on the northwestern side of the city, just a few minutes south of Houston's city limits. The property benefits from being located within one of the fastest growing suburbs in the Houston area. In 2000, the population of Pearland was approximately 37,640. By 2025, the population is estimated to be about 130,000 people. The median age of the population is 36.5 years old and the median household income is about $112,470. The home ownership rate is over 75%. All of the census data points to an ideal location for child care businesses.

The Property is located near mostly single-family homes, with easy access off of Shadow Creek Parkway, a four (4) lane major thoroughfare. Also nearby is a Junior High School and an Elementary School as well as retail developments, hotels, office buildings and several city buildings. Pearland is neighbored by Friendswood to the east and Missouri City to the west, two other fast-growing suburbs. The Property is approximately 30 minutes from downtown Houston.