Investment Overview

The offering consists of a 9,730 SF vacant building in Missouri City, TX. The asset is situated on 2.59 acres off prosperous Highway 6 in the Riverstone District. The end cap has a drive-thru available. The asset shares the same parking lot as LA Fitness, Wells Fargo, Specs, and other reputable retailers. Rental rates should continue to grow long term due to high tenant demand and limited available space, especially in the Missouri City area. This is a great value add opportunity for investors seeking to lease up a building with above market rents. Missouri City, TX is one of the premier, award winning suburban destinations in the Houston metro area. Residents here boast some of the highest incomes in the Houston metro, becoming wealthier and more diverse. It is continually recognized on a national level for its business climate, great schools, rich amenities, and quality of life. The asset is surrounded by new medical offices, Riverstone Shopping Center, suburban neighborhoods, and various national retailers. Within a one, three, and five mile radius, the population totals over 12,945, 112,045, and 204,919. Average household incomes are $157,018, $146,617, and $141,014 within a one, three, and five mile radius respectively.