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16555 Creek Bend Dr
Sugar Land, TX 77478
TRUE 10 CAP CLASS A EVENT CENTER IN SUGAR LAN · Retail Property For Sale
Investment Highlights
- GROSS INCOME WAS $1.05 MILLION IN 2024 VS $940,415 IN 2023.
- 10 CAP PURCHASE INCLUDES 10,288 SQFT OF BUILDING ON 1.79 ACRES OF LAND & PARKING.
- Financing available, if qualified from Seller’s bank, at 7%+/- with 25% down, 25 year AMO, on a 5 Year Balloon.
- WELL TRAINED MANAGEMENT STAFF. NO NEED FOR OWNER TO BE ONSITE.
- There is $250,000+/- in deposits, which is only 40% of the amount owed for schedules events.
- SHOWN BY APPT ONLY! DO NOT APPROACH EMPLOYEES OR YOU WILL NOT BE ABLE TO BUY PROPERTY!
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,288 SF
Building Class
B
Year Built/Renovated
2014/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.80 AC
Zoning
Retail
Parking
93 Spaces (9.04 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Security System
- Signage
- Automatic Blinds
- Recessed Lighting
- Air Conditioning
Property Taxes
| Parcel Number | 4778-31-002-0090-907 | Improvements Assessment | $2,126,739 |
| Land Assessment | $1,059,872 | Total Assessment | $3,186,611 |
Property Taxes
Parcel Number
4778-31-002-0090-907
Land Assessment
$1,059,872
Improvements Assessment
$2,126,739
Total Assessment
$3,186,611
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