AVAILABILITY DETAILS
- Size
- 52,979 SF
- Price/SF
- N/A -
Contact for Info
- Listing ID
- SA555058
- Notes
- Parks at Boulder Creek is situated along Pearland Parkway at the intersection of Beltway 8. This is the gateway to Pearland Texas a thriving community just 18 miles south of Downtown Houston. The immediate area is home to other retailers, restaurants, multifamily projects, medical, office and entertainment facilities. The Parks at Boulder Creek offers a gathering place for the community to gather and enjoy all the amenities the area has to offer. There are over 14 growing subdivisions within a three mile radius providing retail traffic and demand for the area retailers.
Advantages
• Stable tenant mix anchored by new Chipotle ground lease and Spec’s Wines, Spirits & Finer Foods
• Strategically located on SEC of Beltway 8 & Pearland Parkway
• Excellent visibility and access for tenants and visitors
• Attractive development that is professionally managed
• Value-add opportunity
• High growth area and strong demographics
• Excellent long term investment opportunity
Offer includes:
• 52,979 SF multi-tenant retail center
• New Chipotle ground lease - 2024
Net Operating Income: Chipotle: $165,000 I Retail Center: $539,598
Features
Total RBA 52,979 SF
Construction Year 2007/2024
Land - Retail Center ± 5.06 Acres
Land - Detention Pond ± 4.84 Acres
Construction Masonry
Zoning Commercial
Flood Plain 100 year flood plain
Tenancy Retail, Office, Medical
Occupancy 64%
No. of Parking Spaces 188 spaces | 3.55/1,000
Confidentiality Agreement - https://colliershouston.s3.us-ea...
- Uses
- Office
Retail
Healthcare
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Brenna Leach, Colliers