Pearland, TX 77584

Cracker Barrel Ground Lease

Property Address

11019 Shadow Creek Parkway, Pearland, TX, USA

Offering Summary

  • Price: $3,440,000
  • Lot Size: 1.71 Acres
  • Cap Rate: 5.0%
  • Year Built: 2009
  • Building SF: 10,062
  • Status: Available
Download Brochure Submit Offer
  • Brand New 10-Year Absolute Triple-Net (NNN) Ground Lease
  • 10% Rental Increases Every 5 Years
  • 194,282 Residents within a 5-Mile Radius - Houston MSA
  • Households & Population Projected to Increase Nearly 23%+ within a 3-Mile Radius by 2024 - Pearland is One of the Fastest Growing Cities in Texas
  • Excellent Visibility Along Hwy 288 - 164,850+ Cars/Day
  • Situated in Retail Corridor - Kroger, Planet Fitness, Whataburger, Fuddruckers, etc.
  • Average Household Income Exceeds $132,000 in Immediate Area
  • Strong Daytime Population - 116,773 Employees in Surrounding Area

Broker Information