3422 Business Center DrPearland, TX 77584

Property Details for 3422 Business Center Dr

Year built

2018

Lot size

2.03 AC

Property size (Sq ft)

17,840 SF

Property type

Community centers

APN

6563-0001-003

APU

65630001003

Description

Southfork Centre offers a fantastic retail opportunity in Pearland, Texas. This vibrant shopping center, totaling 17,653 square feet, boasts a prime location at 3422 Business Center Drive, conveniently situated next to a Costco. Built in 2018, the center enjoys strong visibility and high traffic counts. The available space measures 2,200 square feet and is perfect for a variety of retail uses. The center is currently home to a diverse mix of established businesses, including Legendary Nails, School of Rock, Cinnaholic, Sea Lotus Dentistry, and Szechuan Spice, creating a synergistic and thriving retail environment. This property presents a unique chance to establish a presence in a rapidly growing area with excellent demographics and strong consumer spending. The building's modern construction and desirable location make it an attractive option for businesses seeking high visibility and foot traffic. Brazoria County's robust economy and Pearland's expanding population base offer significant potential for growth and success. The available space is part of a multi-tenant building, providing a collaborative and supportive atmosphere for businesses. Contact us today to learn more about this exceptional retail leasing opportunity in Pearland, Texas, zip code 77584.

• CAP approach

  CAP return

  Valuation

  6%

  $5,370,882

  6.5%

  $4,957,738

  7%

  $4,603,614

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,645,032

  Geo Method

  $13,459,616

• Alternative Use

  Use

  Valuation

  Residential

  $4,182,037

  Hospitality

  $3,830,724

  Educational

  $3,187,117

  Medical

  $3,296,727

  Retail

  $4,957,738

Location Insight

City

Pearland

County

Brazoria

State

Texas

Latitude

29.5463

Longitude

-95.3902

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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