1619 Texas Pkwy Missouri City, TX 77489
Fully leased retail strip center in a high-traffic location.
Type:Retail
Property size:
4,500 SFLot size:
0.58 AcresPrice / SF:
$300/SF- Added:
- Jul 31, 2024
- Days on Market:
- 633
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 1619 Texas Pkwy
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Lot size
- 0.58 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1997
Listing agent Thế Trinh Nguyen License #617251
Listing office Trinh Nguyen
Listing date Jul 31, 2024
Source Crexi
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 Trinh Nguyen
Overview
Retail Strip Center on Texas Pkwy
This 4,500-square-foot retail strip center, constructed in 1997, is situated on a 0.58-acre lot in Missouri City, Texas. The property is fully leased by reliable tenants, including one with a long-term lease of 10 years. Located on the busy Texas Pkwy, the property benefits from high visibility and significant foot traffic. It is adjacent to a newly-built Discount Tire and directly across from the HCC Missouri City campus. The area is experiencing rapid growth, with expanding industrial warehouses, office spaces, and numerous newly-developed residential neighborhoods. The property presents a unique investment opportunity, with no comparable properties available for sale within a 10-mile radius. Current rents are below market rates, offering potential for future increases. Pro-forma NOI for 2025 is projected to reach $97,000. The location provides convenient access to Sugar Land and Pearland.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Summit Nail
Nail Salon
Alvo The Barber
Barber Shop
Q2 foot massage
Alternative Medicine Practice
Direct Discount Furniture ...
Furniture & Home Goods
C B Financial ...
Bank
Location Insight
- Map
- Local Demand
- City
- Missouri City
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.5263954
- Latitude
- 29.6041096
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Fully leased retail strip center in a high-traffic location.
Where is this strip mall located?
The property is located at 1619 Texas Pkwy Missouri City, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Seller financing available with a low interest rate (more than 50% down payment required).; Fully leased retail strip center with reliable tenants, including one with a 10‑year lease.; **High visibility location on busy Texas Pkwy, ensuring significant foot traffic.**
