Multi-Tenant Retail Shopping
For Sale
Contact for pricing
Pending
11930 Broadway St, Pearland, TX 77584
New multi-tenant retail center with brand new 10-year leases and direct frontage on Broadway Street.
Property SizeContact for details
Days on Market121
Property Features for 11930 Broadway St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
JLS Real Estate
Listed By:
Joshua Lass-Sughrue · License #TX 539635
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 7 at 3:14AM
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 I) is a brand new, 10,655-square-foot multi-tenant retail shopping center built to support long-term occupancy. The center features tenant space leased on brand new 10-year terms, with the remarks noting attractive rent increases over the lease period.
The property is located directly on Broadway Street, a major thoroughfare in Pearland, Texas, with nearby access to State Highway 288. The remarks indicate connectivity to routes including US 59/69, IH 610, and the Sam Houston Tollway. Broadway Plaza is also described as being near Pearland Town Center and surrounded by high-density residential neighborhoods.
For investors, the offering is presented with a stated 6.02% CAP rate and is positioned as a stabilized income-producing retail asset backed by long-duration leases.
The property is located directly on Broadway Street, a major thoroughfare in Pearland, Texas, with nearby access to State Highway 288. The remarks indicate connectivity to routes including US 59/69, IH 610, and the Sam Houston Tollway. Broadway Plaza is also described as being near Pearland Town Center and surrounded by high-density residential neighborhoods.
For investors, the offering is presented with a stated 6.02% CAP rate and is positioned as a stabilized income-producing retail asset backed by long-duration leases.
Key Highlights
- Broadway Plaza (Phase I) is a 10,655 SF multi‑tenant retail shopping center at 11930 Broadway Street in Pearland, TX.
- Priced at a 6.02% CAP rate.
- All tenants are on new 10‑year leases designed to support stable cash flow for the next decade with attractive rent increases.
Property Analytics
Current Use
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 - New multi-tenant retail center with brand new 10-year leases and direct frontage on Broadway Street.
Where is this shopping center located?
The property is located at 11930 Broadway St Pearland, TX.
What are key features of this property?
This property features: Broadway Plaza (Phase I) is a 10,655 SF multi‑tenant retail shopping center at 11930 Broadway Street in Pearland, TX.; Priced at a 6.02% CAP rate.; All tenants are on new 10‑year leases designed to support stable cash flow for the next decade with attractive rent increases.
