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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Broadway St And Kirby Dr Pearland, TX 77584

24,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 24,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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