Overview
Fully Occupied Retail Center For Sale
The Center at Ridge Rock is a 47,385-square-foot, multi-tenant retail center located in Pearland, Texas. Constructed in 2017, the center is 100 percent occupied and comprised of two adjacent buildings. Tenants include Italiano's Restaurant, Jamburritos Cajun Grille, Tuscan Villa Nails & Spa, Alpha Dessert Juice Cafe, NLX Lash Studio, Wheelhouse Media Company, TC Cleaners, Lotus Seafood at Broadway, Elite Chiro Group, Kid 'N Play Indoor Playground, Broadway Learning Center dba Pearland Kids Club, and Athletic & Performing Arts Center. All leases are on triple-net terms. The buildings are situated on a 5.4-acre parcel with concrete parking. Italiano's suite features a patio area for outdoor dining. The property is positioned near the signalized intersection of Broadway Street and Kirby Drive with access to State Highway 288. Traffic counts in front of the property on Broadway Street are approximately 36,127 vehicles per day. Shadow Creek High School is located directly behind the property, with current enrollment of more than 2,575 students. The center is located in a dense retail trade area, neighbored by national and regional tenants including a top-ranking ALDI and close proximity to Pearland Town Center, a regional shopping mall developed with a "lifestyle center" concept. Nearby retailers include H-E-B, Five Below, TJ Maxx, Ross Dress For Less, Rack Room Shoes, Petco, Academy, Hobby Lobby, Ashley Furniture, Burlington, and Target. The surrounding area benefits from demographics, serving a population of more than 189,950 residents within a five-mile radius. The average household income is $165,714 within a one-mile radius.