Pep Boys
14,380 SF | Retail Building | Sugar Land, TX 77498 | $5,026,000 ($350/SF) | 7% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,026,000
- Property Type
-
Retail
- Square Feet
- 14,380 SF
- Price / Square Foot
- $350
Listing Contacts
Justin Stark
Verified Profile
- Property Info
Property Overview
Longstanding corporate location (Houston MSA)
Property Details
- Class
- B
- Year Built
- 2013
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 65,340 SF
Highlights
- Longstanding and successful occupancy across multiple economic cycles
- High quality construction with strong real estate fundamentals
- Dense retail corridor with high visibility and immediate access to Hwy 6
- Rapidly growing market with excellent demographics: 20,000+ people with average household incomes of $87,000+ in a 1-mile radius
- 10% rental increases in each of the renewal options
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