For Sale I Net Lease Investment Offering

For Sale

5724 Hwy 6, Missouri City, TX 77459

This Missouri City property for sale is located at 5724 Hwy 6. For Sale I Net Lease Investment Offering is situated on a lot that is 2.55 square feet in size.

Contacts

broker

Vaughan Ford

Colliers

(713) 830-2117

Property Details

  • Property Type Retail
  • Lot Size 2.55 SF
  • Date Updated Apr 28, 2024

Two single tenant Net Lease Investment properties

PNC Bank is located on a pad site in front of Riverstone Town Centre anchored by Target, Home Depot, Kohl’s Hobby Lobby,
Office Depot, and numerous other national retailers. PNC recently exercised a 5-year renewal of the lease term, with three
additional 5-year option periods. PNC Bank was founded in 1922 and as of the end of 2023 operated 2,945 bank branches in 37
states. PNC has a national credit rating of A by Moody’s S&P.


Chili’s Grill & Bar has been at the Northwest Freeway location since 2000 and is expected to exercise their 4th 5-year term
lease renewal option term which commences March 1, 2025. With only one 5-year term remaining after the 4th renewal term is
exercised, there is substantial upside to increase net income in the future. Brinker International has over 40 years of operating
experience with the Chili’s brand with more than 1600 locations in 29 countries.

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Getting around

  • 64/100

    Walk Score ®

  • 46/100

    Bike Score ®

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Location

  • City Missouri City, TX
  • Neighborhood The Reserve At Riverstone
  • Zip Code 77459
  • Market Houston

Points of Interest

  • Exxon

    0.40 miles

  • Chevron

    0.41 miles

  • Shell

    0.92 miles

  • H-E-B Fuel

    0.99 miles

  • Exxon

    1.45 miles

  • Kroger

    1.66 miles

  • Shell

    1.76 miles

  • Valero

    2.80 miles

  • H-E-B Fuel

    2.95 miles

  • Valero

    3.12 miles

  • Kroger Pickup

    1.54 miles

  • Sugar Land Parking Lot 3

    4.80 miles

  • Sugar Land Parking Lot 4

    4.83 miles

  • Albert & Mamie George Building Loading Dock

    4.86 miles

  • Day Lot 3

    4.90 miles

  • Sugar Land Parking Lot 2

    4.91 miles

  • Brazos Hall Loading Dock

    4.97 miles

  • Sugar Land Parking Lot 1

    4.98 miles

  • Day Lot

    4.99 miles

  • Sugar Land Day Lot 2

    5.00 miles

  • Wendy's

    0.13 miles

  • Sonic

    0.17 miles

  • Jollibee

    0.27 miles

  • McDonald's

    0.30 miles

  • Old Hickory Inn BBQ

    0.31 miles

  • Whataburger

    0.36 miles

  • Raising Cane's

    0.52 miles

  • Chick-fil-A

    0.52 miles

  • Chipotle

    0.59 miles

  • Bakers House

    0.71 miles

  • Kohl's

    0.21 miles

  • Walmart Supercenter

    0.21 miles

  • Target

    0.35 miles

  • Kroger

    0.54 miles

  • H-E-B

    0.95 miles

  • Welfresh Market

    1.17 miles

  • Kroger

    1.57 miles

  • 99 Ranch Market

    2.19 miles

  • Jusgo Supermarket

    2.24 miles

  • TJ Maxx

    2.26 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Vaughan Ford

Colliers

(713) 830-2117