3233 Meridiana Pkwy Arcola, TX 77583
- Specialty properties
- 8,459 SF
- 1.69 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 3233 Meridiana Pkwy
- Lot size
- 1.69 lot acres
- Property size
- 8,459 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional investment opportunity presents an 8,459 square foot AutoZone located at 3233 Meridiana Pkwy, Iowa Colony, TX 77583. The property sits on a 1.69-acre lot and benefits from an absolute NNN lease with 15 years remaining. This single-tenant building is part of a thriving retail sector with extremely limited supply, ensuring strong market access. The property's strategic location along Highway 288, a major thoroughfare connecting Houston and its suburbs, guarantees high visibility and accessibility. Furthermore, the recent opening of a nearby elementary school, along with two new high schools opened in 2021 and 2022, significantly increases foot and automobile traffic. The surrounding area is characterized by high-end suburban home construction, providing a favorable demographic profile for the tenant. This investment offers a stable, long-term income stream in a rapidly growing area. The property type is classified as Retail, Special Purpose, with the subtype being Auto Shop. This is a rare opportunity to acquire a well-established, high-performing retail asset in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arcola
- County
- Brazoria
- State
- Texas
- Longitude
- -95.4312
- Latitude
- 29.4392
