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Property profile & analytics
FOR LEASE
Strip malls

3525 E Broadway St Pearland, TX 77581

8,704 SF 0.74 ac lot Built 1990
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US82-2776025
3525 E Broadway St, Pearland, TX 77581 For Lease
Contact for pricing 4,160 SF available
3525 E Broadway St, Pearland, TX 77581
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Property summary
AI-generated overview

This exceptional 10,000 square foot medical office building presents a unique investment opportunity in Brazoria County. Currently occupied by a single, strong medical tenant, Smile Dentistry, this property offers a stable income stream and significant growth potential. The building features a 2,720 square foot end-cap space, ideally suited for a variety of medical practices. The high-traffic location boasts an impressive 23,453 vehicles per day, ensuring excellent visibility and accessibility for patients. Ample parking is available with 43 spaces conveniently located for patients and staff. The current lease agreement includes a rate of $22 per square foot plus Net, Net, Net (NNN) expenses. The property is classified as a special purpose building, specifically designed for medical use. This turnkey operation provides immediate cash flow and a solid foundation for long-term investment returns. The building's size and location make it an attractive option for both established medical professionals seeking expansion and new entrants to the market. The existing tenant's strong presence further enhances the property's value and stability. This is a rare opportunity to acquire a well-maintained, high-performing medical office building in a prime location with exceptional visibility and strong tenant occupancy. The property's size and configuration offer flexibility for future expansion or adaptation to changing market demands. This is an ideal investment for those seeking a stable, high-return asset in the growing healthcare sector.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Total area 8,704 SF
Lot 0.74 ac (32,147 SF)
APN 0147-0021-000
UPID US82-2776025
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
Current use
Occupant on record · Public records
  • Elle Beauty Bar & Spa Nail Salon
  • Friendswood Family Practice: Huang Samuel MD Pediatrician Physician
  • Grocery Services Grocery & Convenience Store Food Market
  • Dr. Sukhdev S. Peganyee, MD Pediatrician Physician
  • Ochsner Allison B MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Plaza 9 Holdings LP · 15 yrs held
Plaza 9 Holdings LP
since 2011
5 recorded transactions
2016
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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