This exceptional retail opportunity is located at 11601 Shadow Creek Parkway in Pearland, Texas, 77584. The property consists of a single building totaling 4,330 square feet, currently offering three vacant suites for lease. Each suite is adaptable to a variety of retail uses, making it ideal for businesses seeking high visibility and convenient access. The available spaces range from a minimum of 1,430 square feet to a maximum contiguous space of 2,900 square feet, providing flexibility for businesses of varying sizes. The building is classified as a second-generation retail space, offering the advantage of existing infrastructure and potential cost savings. The property's endcap location ensures high visibility and accessibility for customers. Ample parking is available, with a generous 5.8 parking ratio to accommodate both employees and customers. This prime location in Pearland, Texas offers excellent access to major roadways and a thriving community, making it an attractive option for businesses seeking a strong foothold in a growing market. The entire 4,330 square feet is currently available for lease. This presents a unique opportunity to establish a significant presence in a desirable retail corridor. Contact us today to learn more about this exceptional retail space.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$4,064,590
6.5%
$3,751,929
7%
$3,483,934
Comparable approach
Method
Valuation
Relative Method
$5,028,844
Geo Method
$10,186,002
Alternative Use
Use
Valuation
Residential
$3,164,893
Hospitality
$2,899,025
Educational
$2,411,954
Medical
$2,494,905
Retail
$3,751,929
Location Insight
City
Pearland
County
Brazoria
State
Texas
Latitude
29.5801
Longitude
-95.3958
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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