Historical Retail Sale Listing - Missouri City Shopping Center

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Missouri City Shopping Center

4811 Highway 6 South, Missouri City, TX 77459

N/A

54,158 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
54,158 SF
Property Type:
Retail
Property Sub-type:
Neighborhood Center
Property Use Type:
Investment
Cap Rate:
10.10%
Occupancy:
100%
No. Stories:
1
Tenancy:
Multiple
Year Built:
1996
Lot Size:
5.50 AC
Parking Ratio:
5.18 / 1,000 SF
Listing ID
16715175
Last Updated
over 1 year ago

Highlights

  • Located in Missouri City and adjacent to Sugar Land proper,both being located in Ft. Bend County; one of the fastest growing counties in the country.
  • Highway 6 is one of Missouri City/Sugar Land main traffic arteries and retail corridor.
  • Surrounded by incredible residential development
  • Fort Bend County is home to more master-planned communities than any other county in the state.

Description

Missouri City Shopping Center was built in 1996 as a single-level Albertson' s grocery store with 54,158 square feet of space. The property is situated on a + 5.5 acre site at the corner of Dulles Avenue in Missouri City, Texas (considered far southwest Houston). Currently there is a plan to move Auto Zone to a pad site as indicated in the property overview. Star Cinema will be replacing Velocity with a ten screen in-theatre dining experience movie theatre.

Missouri City Shopping Center is located in the City of Missouri City, Texas in what is regarded as the southwest quadrant of the greater Houston area. Missouri City is a rapidly growing, progressive community located primarily in Fort Bend County, one of the fastest growing counties in the country, with a small portion extending into Harris County. Missouri City is approximately 20 miles southwest of Houston' s Central Business District, adjacent to U.S. Highway 90A, the Sam Houston Tollway/Beltway 8, and immediately east of U.S. 59/Southwest Freeway. Missouri City Shopping Center is located at the corner of two primary traffic arteries, Highway 6 South and Dulles Avenue. Highway 6 is one of Missouri City' s principal north/south corridors, and is a main avenue to the affluent Sugar Land neighborhoods. Highway 6 also serves some of Missouri City' s newer residential areas.

Map of 4811 Highway 6 South, Missouri City, TX 77459 (Fort Bend County)

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