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Kevin Riles
  • Sugar Land, TX
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MOTIVATED SELLER: Houston, Tx - Fondren Retail Center

Kevin Riles
  • Sugar Land, TX
Posted Oct 17 2017, 13:52

Seller willing to allow assumption of exiting note with a quialified buyer. CURRENT LIST PRICE: $1,350,000. Call me at 281-451-8437 with questions. 

www.KevinRilesCommercial.com

PRICE REDUCED! MOTIVATED SELLER: Kevin Riles Commercial is pleased to present this recently built VALUE ADD Retail Opportunity in the Missouri City/Fort Bend County submarket. Built in 2012, New Life Retail Center consists of Two Retail buildings located on approximately 2.87 Acres of Land. The Two Retail Buildings are 4,800 sq.ft and 4,000 Sq.ft respectively. The Buildings consist of Pre-Engineered steel Frame, brick veneer with tinted glass storefronts and Stone Accents. The building is currently owned by New Life Church and has 4 Tenants (including the church).

MULTIPLE VALUE ADD Opportunities:

Property sits on 2.87 Acres of land. The two current retail buildings only take up .67 Acres leaving 2.1 Acres for additional development. Original plat before current owner planned storage units facility. However, there is more than enough room for additional retail bldgs. The back 2.1 Acres also has ingress and egress from both Fondren and Chasewind st. The Church also stubbed in the drain pipe to the middle of acreage for additional development.

LOCATION! LOCATION! LOCATION! Great Opportunity to own Retail Center with Land less than one mile away from the Fort Bend Tollway, the gate way to Fort Bend County and Sienna Plantation Master Planned. Just 1/2 Mile from Fort Bend Tollway. High Traffic Count Area

Offering