18730 Pearland Sites Rd
Pearland, TX 77584
Family Dollar Store · Retail Property For Sale

The subject property consists of a new construction, 8,320 square foot, freestanding Family Dollar Store situated on a 1.36 acre parcel and located in Pearland, TX. This new build-to-suit has in place a 10-year NN lease with minimal landlord responsibilities (roof and structure – roof comes with a 20-year transferrable “weatherproof” warranty). Pearland is a rapidly growing suburb of Houston located just 17 miles from downtown. The city has experienced massive growth over the past decade and was named the 3rd fastest growing city in the US economy in 2018 according to the Houston Business Journal. The property is located on Pearland Sites Rd., just north of its intersection with Hastings Cannon Rd. on the west side of the street. The property has excellent visibility to the combined 9,827 vehicles per day that travel past the site. The area boasts extreme population density. New home developments are sprouting up in all directions of the immediate vicinity of the property and there is a small gap in retail supply in this pocket of the Pearland market that Family Dollar aims to fulfill demand. This location fits into the well-established strategic store expansion program of Family Dollar, providing convenience goods (including food, refrigerated products and non-perishable items) to its customer base. Demographics indicate a population of 97,044 within a 5-mile radius of the subject property with average HH incomes of $112,034.