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Royal Woodbridge Plaza 11315 S Highway 6 17,000 SF 100% Leased Retail Building Sugar Land, TX 77498 $6,250,000 ($367.65/SF) 5.95% Cap Rate
Executive Summary
Shopping plaza in excellent condition and a prime location on Highway 6! Famous restaurants such as Elite Banquet Hall, Karachi Restaurant, and Shipley Do-Nuts. This shopping plaza is 100% leased and all leases are NNN and long-term. Don't miss your chance to own one of the most sought-after shopping plazas in Houston!
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Property Facts
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Building Size
17,000 SF
Building Class
A
Year Built
2006
Price
$6,250,000
Price Per SF
$367.65
Cap Rate
5.95%
NOI
$372,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.66 AC
Zoning
M
Parking
42 Spaces (2.47 Spaces per 1,000 SF Leased)
Frontage
247’ on 6 Hwy
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0032-00-000-3937-907 | Improvements Assessment | $2,913,721 |
| Land Assessment | $581,003 | Total Assessment | $3,494,724 |
Property Taxes
Parcel Number
0032-00-000-3937-907
Land Assessment
$581,003
Improvements Assessment
$2,913,721
Total Assessment
$3,494,724
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Royal Woodbridge Plaza | 11315 S Highway 6
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