Sugar Land | Sugar Land, TX 77478
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Sugar Land
Sugar Land, TX 77478
EVENT CENTER - CAP: 9.98% · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- EXCELLENT CAP: 9.98% / OUTSTANDING LOCATION / FUTURE UPSIDE BUILT IN!
- There is already $400,000 in deposits, which is only 40% of the amount owed for schedules events.
- Considered the most elegant event facility in Southwest Houston and Sugar Land.
- Facing Beautiful Brooks Lake Milano's is a stuning Class A venue with 3 customizable spaces and two prep kitchens.
- Expect gross income to exceed $1.2 million in 2024 vs $940,415 in 2023.
- SHOWN BY APPT ONLY! DO NOT APPROACH EMPLOYESS OR YOU WILL NOT BE ABLE TO BUY PROPERTY!
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
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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