2600 Cordes Dr

Marketing description

Introducing 2600 CORDES DR., a prime investment opportunity located in bustling Sugar Land, TX. This 14,768 SF retail center presents a lucrative offering with a sale price of $5.2 million, boasting a solid CAP rate of 6.47% and 100% occupancy generating a Net Operating Income of $336,598. With an affluent demographic surrounding the property and a diverse array of strong tenants secured with long-term leases in place, this investment ensures immediate cash flow and income stability. The asset features a NNN lease structure that minimizes landlord responsibilities, making it a low-maintenance and passive investment opportunity. Strategically situated near major retailers, dining establishments, healthcare facilities, and entertainment venues, this professionally managed property in the heart of Sugar Land promises a lucrative return on investment. Don't miss the chance to capitalize on this exceptional commercial real estate offering.

Investment highlights

Stabilize multi-tenant retail asset

100% Occupied

All tenants have 5 or more years remaining, significantly reducing rollover risk and enhancing income stability

Offering investors immediate and predictable cash flow

NNN Lease Structure

Tenants reimburse CAM, Taxes, and Insurance

Minimizing Landlord responsibilities and creating a passive low-maintenance investment

Located in High-Demand Sugar Land, TX

Sugar Land is one of the Houston’s area most affluent and fast-growing suburban markets. Known for strong demographics, high household incomes, and robust retail demand.

Professionally Managed Asset

Professional management in place ensures smooth operations, optimized expenses and hands off.