1823 Main StPearland, TX 77581

Property Details for 1823 Main St

Year built

2018

Property size (Sq ft)

1,800 SF

Property type

Retail properties

Property subtype

Retail space

Description

This profitable Pearland, Texas liquor store is available for $120,000 (excluding inventory). The 1,800 square foot storefront, built in 2018, boasts a convenient drive-thru and enjoys a prime location in a high-traffic area. Generating $425,000 in gross revenue and a net operating income (NOI) of $62,215, this established business offers a strong return on investment. The lease is a triple net (NNN) agreement with a current monthly rent of $2,200. The current lease has three years remaining in the current option period, followed by a five-year option. The original lease term was 15 years. All furniture, fixtures, and equipment are included in the asking price. The business benefits from a stellar reputation, evidenced by a 4.8 Google rating. This turnkey operation presents a rare opportunity for an owner/user or investor seeking a profitable, established business in a desirable location within Brazoria County. The inventory is available for an additional $200,000.

Location Insight

City

Pearland

County

Brazoria

State

Texas

Latitude

29.5752

Longitude

-95.2857

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