1619 Texas Pkwy Missouri City, TX 77489

This exceptional 4,500 square foot retail strip center presents a compelling investment opportunity in the thriving Missouri City, Texas market. Located on the high-traffic Texas Parkway, this fully leased Class C property boasts four tenants, including one with a 10-year lease, ensuring consistent income. Built in 1997 on a 0.58-acre lot, the property benefits from its prime location adjacent to a newly constructed Discount Tire and directly across from the Houston Community College Missouri City campus, guaranteeing high visibility and foot traffic. Currently operating at 100% occupancy, the property generates a strong NOI of $74,640, with a pro-forma NOI projected at $79,735, and a potential to reach $97,000 by 2025. Below-market rents offer significant upside potential for future income growth. The property's strategic location within a rapidly expanding area, surrounded by new residential and commercial developments, further enhances its long-term value. This unique investment opportunity, with no comparable properties within a 10-mile radius, is offered at $1,350,000, representing a 5.53% cap rate and a pro-forma cap rate of 5.91%. Seller financing is available with a down payment exceeding 50% and a low interest rate. The property's strong tenant base, prime location, and significant growth potential make it an ideal addition to any investment portfolio.