New Multi-Tenant Retail Shopping
For Sale
Contact for pricing
Pending
11940 Broadway St, Pearland, TX 77584
Brand-new retail shopping center includes multi-tenant space and is directly located on Broadway Street in Pearland, Texas.
Property Size10,655 SF
Days on Market121
Property Features for 11940 Broadway St
General Information
Standard status
Pending
Size
10,655 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6.25%
Building Details
Tenancy
Multi
Listing Agency:
JLS Real Estate
Listed By:
Davis Amanyisye, CCIM · License #674445
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 10:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLS Real Estate
Investment Insights
Based on property information with market context.
Broadway Plaza (Phase II) is a brand-new, 10,655-square-foot multi-tenant retail shopping center offering multiple retail spaces within a single development. The property is presented for sale as part of a lease structure featuring tenants on brand-new 10-year leases.
The center is located at 11940 Broadway Street in Pearland, Texas, directly on Broadway St. It is also near State Highway 288, providing direct travel connectivity between Downtown Houston and Brazoria County. Access to additional major routes is available through connections to US 59/69, IH 610, and the Sam Houston Tollway.
The shopping center sits near high-density residential neighborhoods supporting retail demand in Pearland and is close to Pearland Town Center, an open-air lifestyle center. The property’s placement along Broadway Street is intended to support long-term visibility and convenience for tenants and their customers.
The center is located at 11940 Broadway Street in Pearland, Texas, directly on Broadway St. It is also near State Highway 288, providing direct travel connectivity between Downtown Houston and Brazoria County. Access to additional major routes is available through connections to US 59/69, IH 610, and the Sam Houston Tollway.
The shopping center sits near high-density residential neighborhoods supporting retail demand in Pearland and is close to Pearland Town Center, an open-air lifestyle center. The property’s placement along Broadway Street is intended to support long-term visibility and convenience for tenants and their customers.
Key Highlights
- Broadway Plaza (Phase II) is a brand‑new 10,655 SF multi‑tenant retail shopping center at 11940 Broadway Street in Pearland, TX.
- Priced at a 6.25% CAP rate.
- All tenants are on new 10‑year leases designed to support stable cash flows through the next decade.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77584, TX
93,062
Population
32,579
Households
2.9
Avg Household Size
36
Median Age
53%
College-Educated
94%
High-School Grad
32.0 sq mi
ZIP Area
2,908
Density / Sq Mi
$116,373
Median Household Income
$64,094
Median Earnings
$1,818
Median Rent
$339,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Broadway Plaza — 11930 Broadway St, Pearland, TX 77584
Frequently Asked Questions
What type of property is this?
Shopping center - Brand-new retail shopping center includes multi-tenant space and is directly located on Broadway Street in Pearland, Texas.
Where is this shopping center located?
The property is located at 11940 Broadway St Pearland, TX.
What are key features of this property?
This property features: Broadway Plaza (Phase II) is a brand‑new 10,655 SF multi‑tenant retail shopping center at 11940 Broadway Street in Pearland, TX.; Priced at a 6.25% CAP rate.; All tenants are on new 10‑year leases designed to support stable cash flows through the next decade.
