Broadway St And Kirby Dr Pearland, TX 77584
- Retail properties
- 24,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Broadway St And Kirby Dr
- Property size
- 24,000 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
The Shops at Ridge Rock presents a unique 3-acre commercial development opportunity in the thriving Pearland, Texas market. This 24,000 square foot property, currently vacant, offers exceptional visibility and accessibility at the hard corner of Broadway and Kirby Drive. The site benefits from its strategic location near major retail centers including Pearland Town Center (featuring Macy's, Dillard's, and Barnes & Noble) and Shadow Creek Town Center (anchored by Ashley Furniture, Academy Sports, Hobby Lobby, and H-E-B, among others). The property is ideally situated to serve the substantial population of nearby master-planned communities such as Shadow Creek Ranch, Southern Trails, South Fork, and South Gate. A significant advantage is its proximity to the newly opened Shadow Creek Ranch 5A High School, a 72-acre campus with over 2,200 students and staff, ensuring high traffic and visibility. The property is suitable for a variety of uses, including medical office, retail, educational facilities, or other commercial ventures. The landlord is open to considering either a sale or a ground lease for the entire 3-acre tract. Future development plans include frontage pads for Starbucks and MedExpress. Rental rates are anticipated to be $30-$32 per square foot, plus NNN charges. This presents a rare chance to establish a prominent presence in a rapidly growing area with strong demographics and significant retail draw.
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
- Pearland
- County
- Brazoria
- State
- Texas
- Longitude
- -95.4034
- Latitude
- 29.5542