Log In/Sign Up
Your email has been sent.
1720 S Friendswood Dr 10,100 SF Retail Building Friendswood, TX 77546 $5,500,000 ($544.55/SF)
Investment Highlights
- 10,100 SF NNN Investment Opportunity; 100% Occupied w/ 3 Tenants - Name Brand & Multi Units
- High Traffic Corridor - 29,000 CPD on Parkwood Drive & 17,000 CPD on Friendswood Drive
- Adjacent to Prestigious Gated Community of Hunters Creek Estates - Over $1M Home Values
- Newer 2021 Construction Building; Committed Tenancies with Initial Terms between 7 to 10 Years
- Highly Affluent Area - Over $190K Average HH Income within 1 Mile Radius
- Strong Synergistic Neighbors Including: H-E-B Supermarket, Chipotle, Chick-fil-A, McDonald's, Starbucks, Pizza Hut, Popeye's, Taco Bell & More
Executive Summary
NAI Capital and NAI Robert Lynn, as exclusive advisors to ownership, are proud to present for sale the Friendswood Center. This is a 100% occupied 3-tenant net leased retail investment located in the Houston suburb of Friendswood, Texas. The 2021 construction building is approximately 10,100 square feet and is situated on a 1.14-acre parcel. The lot offers ample parking including 51 parking spaces at a ratio of 5.04 per 1,000.
This asset consists of 3 tenants with a great use mix of pet supply, medical and food & beverage establishments. This opportunity offers an investor steady income with remaining initial terms from 3 to 6 years with multiple options in place. All tenants are well known brand names with numbers of locations ranging from 56 to 1,600 stores.
The property is located within one of Houston's most desirable suburbs, Friendswood. This affluent community boasts an average annual household income of over $190,000 and home values over $500,000.
This asset consists of 3 tenants with a great use mix of pet supply, medical and food & beverage establishments. This opportunity offers an investor steady income with remaining initial terms from 3 to 6 years with multiple options in place. All tenants are well known brand names with numbers of locations ranging from 56 to 1,600 stores.
The property is located within one of Houston's most desirable suburbs, Friendswood. This affluent community boasts an average annual household income of over $190,000 and home values over $500,000.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,100 SF
Building Class
B
Year Built
2021
Price
$5,500,000
Price Per SF
$544.55
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.14 AC
Zoning
CSC
Parking
52 Spaces (5.15 Spaces per 1,000 SF Leased)
Frontage
131’ on S. Friendship Drive
Amenities
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 3486-0000-0002-000 | Improvements Assessment | $990,220 |
| Land Assessment | $2,284,780 | Total Assessment | $3,275,000 |
Property Taxes
Parcel Number
3486-0000-0002-000
Land Assessment
$2,284,780
Improvements Assessment
$990,220
Total Assessment
$3,275,000
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1720 S Friendswood Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.