Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Sugar Land Retail Center Investment Title is generated by Realmo AI

    2600 Cordes Dr, Sugar Land, TX 77479

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fully occupied retail center in Sugar Land, TX for sale.

    Type:Retail
    Property size:
    14,768 SF
    Price / SF:
    $352/SF
    Added:
    Feb 25, 2026
    Days on Market:
    76
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 2600 Cordes Dr

    General Information

    Standard status
    Active
    Size
    14,768 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2008

    We can help!

    Listing Contact
    Karl Oliver

    Listing agent Karl Oliver License #732167

    Listing office Oliver CRE

    Listing date Feb 25, 2026

    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 Oliver CRE

    HighLights

    • High CAP Rate: 6.47% provides a strong return on investment
    • 100% Occupancy: Generates immediate and consistent cash flow
    • Net Operating Income: $336,598 annual income demonstrates profitability
    • NNN Lease Structure: Minimizes landlord responsibilities and maintenance
    • Long‑Term Leases: Ensures income stability with established tenants
    • Prime Location: Situated in Sugar Land near major retailers, dining, healthcare, and entertainment

    Overview

    Located in Sugar Land, TX, 2600 CORDES DR. is a 14,768 square foot retail center. The property is offered for sale at $5.2 million and features a CAP rate of 6.47%. The property is currently 100% occupied, generating a Net Operating Income of $336,598. The property benefits from long-term leases and a NNN lease structure. The property is professionally managed and is located near major retailers, dining establishments, healthcare facilities, and entertainment venues.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Montessori Reggio Academy ... High School Kreativ Pet Klips Pet Grooming Service Royale Retreat Nails ... Nail Salon

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Coinstar Kiosk | Bitcoin ATM — Kroger - Houston, 4825 Sweetwater Blvd, Sugar Land, TX 77479
    • Lexington Square — 16525 Lexington Blvd, Sugar Land, TX 77479
    • The Offices At Sweet Water — Sweetwater Blvd, Sugar Land, TX 77479
    • Impression & Co. — 16535 Southwest Fwy #220, Sugar Land, TX 77479
    • lovette — 3320 Hwy 6, Sugar Land, TX 77479

    Location Insight

    • Map
    • Local Demand
    City
    Sugar Land
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.61656
    Latitude
    29.5931242

    Nearby Similar for Sale

    • $750,000
      2,800 SF

      Sugar Land Automotive Property For Sale

      Freestanding auto repair facility with high visibility and traffic.
      15330 W Bellfort Ave, Sugar Land, TX 77498
      View Details
    • $699,000
      3,148 SF

      Sugar Land Waterfront Live+Work Townhome

      Waterfront live+work townhome with elevator, pro kitchen, and dual patios.
      1416 Lake Pointe Pkwy, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      5,707 SF

      Medical Office Across From Hospital

      Move-in ready medical office space in Sugar Land's medical district.
      3519 S Town Center S, Sugar Land, TX
      View Details
    • $499,000
      1,248 SF

      New Office Condo in Sugar Land

      Modern office condo built in 2020, ready for immediate use.
      800 Bonaventure Way, suite 160, Sugar Land, TX 77479
      View Details
    • $1,000,000
      4,243 SF

      Lake Pointe Mixed-Use Building

      4,246 SF building in a mixed-use town center.
      1423 Lake Pointe Pkwy, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      25,809 SF

      Renovated Office Building For Sale

      25,089 SF office building extensively renovated in 2013.
      1307 Soldiers Field Dr Sugar, Land, TX 77479
      View Details
    • Contact for pricing
      67,500 SF

      Sugar Land Hospital For Sale

      Long-term acute care hospital 100% leased to Kindred Healthcare.
      1550 First Colony Blvd, Sugar Land, TX 77479
      View Details
    • Contact for pricing
      10,863 SF

      Sugar Land Office Building Investment

      Two-story office building with prime freeway frontage and long-term tenants.
      15140 Southwest Fwy, Sugar Land, TX
      View Details
    • $390,095
      1,279 SF

      Move-in Ready Sugar Land Office

      Office space for sale or lease in Sugar Land, Texas.
      52 Sugar Creek Center Blvd Ste 125, Sugar Land, TX 77478
      View Details
    • Contact for pricing
      38,792 SF

      Business Park with Multiple Buildings

      Three-building business park available for sale.
      2803-2819 Imperia Dr Sugar, Land, TX 77479
      View Details
    • $746,000
      2,603 SF

      Exceptional Office Condo-Suite in Sugar Land

      High-quality 2,600 SF office space in a prime location.
      6542 Greatwood Parkway , Sugar Land, TX
      View Details
    • $5,840,157
      13,858 SF

      Sugar Land Kids 'R' Kids

      13,858 SF Texas facility with long-term NNN lease.
      8202 Homeward Way, Sugarland, TX 77479
      View Details

    FAQs

    What type of property is this?
    Shopping center - Fully occupied retail center in Sugar Land, TX for sale.
    Where is this shopping center located?
    The property is located at 2600 Cordes Dr Sugar Land, TX.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: High CAP Rate: 6.47% provides a strong return on investment; 100% Occupancy: Generates immediate and consistent cash flow; Net Operating Income: $336,598 annual income demonstrates profitability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Karl Oliver
    Real Estate License ID: 732167
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2600 Cordes Dr, Sugar Land, TX 77479
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!