Available For Sale - Office , Retail , Healthcare

52,979 SF

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LISTED BY

Brenna Leach
Colliers , 713-830-2130
Kathy Howell
Christopher Winters
Colliers International, 713-830-2106

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