11401 BROADWAY

11401 BROADWAY

> Area Available: 7,035 Square Feet
> Purchase Price: $3,580,000
> NOI: $250,625
> CAP Rate: 7.0%
> New 2018 construction retail center
> 100% leased
> All new 10 year leases with scheduled rent increases in the primary terms
> Located in the heart of Pearland directly across the street from Pearland Town Center a 644,000-square-foot mall housing Macy’s, Dillard’s, Barnes & Noble, Chico’s, Express and many others
> Area retailers include: Target, Walmart Super Center, The Home Depot, Cinemark Theatres, HEB Grocery, Hobby Lobby, Burlington Coat Factory, Best Buy, Chick-fil-A and many others
> Strategically placed at the hard corner signalized intersection of Kirby Drive and Broadway (FM 518)