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Property profile & analytics
FOR SALE
Shopping centers

7918 Broadway St Pearland, TX 77581

39,065 SF
Property ID
US82-Q066357
Property summary
AI-generated overview

NEW Leases- Tranquility Center in Pearland, TX—Consisting of 4 Buildings and a double-sided Billboard, on the Busy FM 518, with Rental Income. This beautiful well-maintained property is a lucrative investment opportunity strategically located just 20 minutes from the bustling Medical Center and Downtown Houston. The four buildings have a diverse range of Medical, Legal Tenants, a Long-term Learning Center, and other professional tenants. Current at an impressive 98% occupancy rate. Additional income consists of the floored attic space available for lease above the various buildings. With stable and long-term tenants on NNN leases, Tranquility Center guarantees a reliable revenue stream. The well-maintained buildings feature a total square footage of 39,065, offering a mix of office and retail spaces ideal for investors seeking a stable return. The property is a Stable Income Property, well-maintained, and in a great location, making it a seamless addition to a 1031 exchange portfolio. Built between 2003 and 2008, this prime commercial real estate opportunity combines a competitive Return rate. Don't miss the chance to own a piece of this thriving business community at 7918 Broadway St., Pearland, TX 77581 . Traffic Count per Crexi: 27,300 Cars per Day

Property profile
Verified
Property type Shopping centers
Total area 39,065 SF
UPID US82-Q066357
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
  • Villages of Towne Lake Apartment Building
  • Partners In Care Pediatrics Pearland Pediatrician Medical Clinic
  • Ardent Hardcastle Commercial Real Estate Brokerage Real Estate Agency
  • JLA REALTY PEARLAND Corporate Office
  • Garage Door Pearland TX Hardware & Home Improvement Production Facility
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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