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1600-1647 Cartwright Rd
Missouri City, TX 77489
Quail Valley Shopping Center · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Supermarket
Building Size
118,432 SF
Building Class
C
Year Built
1982
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
5.17 AC
Zoning
XQ

Amenities

  • Freeway Visibility
  • Signage
  • Air Conditioning

About 1600-1647 CARTWRIGHT RD , MISSOURI CITY, TX 77489

EDGE Realty Capital Markets is pleased to present the opportunity to acquire Quail Valley Shopping Center (“Property”), a Foodarama anchored retail center located in Missouri City, Texas. The 118,432 square foot Property benefits from its location at the signalized intersection of Texas Parkway and Cartwright Road with exposure to over 58,000 cars per day. The center’s tenant line up is comprised of a complimentary mix of national, regional and local tenants including: Foodarama, XL Parts, Dollar Tree, Fresenius Medical Care and Hartz Chicken. Quail Valley Shopping Center’s tenants primarily benefit from the grocery anchor and the lack of retail supply in the trade area. The area surrounding the Property continues to rapidly expand with new residential growth, bolstering the center’s long-term viability. Quail Valley Shopping Center boasts near term upside potential with contractual rental increases and immediate lease-up of the existing 4,985 square feet vacancy allowing an investor to significantly increase the NOI through an aggressive leasing strategy. The Property has remained a daily needs location for the 80,000+ residents in the 3-mile trade area.

Property Taxes

Property Taxes

Parcel Number
7130-00-000-0060-907
Land Assessment
$2,006,213
Improvements Assessment
$5,548,811
Total Assessment
$7,555,024
  • Listing ID: 17370796

  • Date on Market: 10/4/2019

  • Last Updated:

  • Address: 1600-1647 Cartwright Rd, Missouri City, TX 77489

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