SOLD: Corrigan Plaza Investment Sale

5402 BROADWAY STREET, PEARLAND, TX 77581

Property Highlights & Information

  • Excellent mix of ten national and local tenants with staggered lease expirations.
  • Fronting FM 518 (main corridor connecting East and West Pearland)
  • Excellent visibility and direct accesses from FM 518 and Corrigan Dr
  • Many stabilized tenants that have been at the same location for 10+ years 
  • Existing leases include many additional income items for landlord such as pylon sign, water, trash charges besides Base Rent and NNN 
  • Directly across the street from Sam Jamison Middle School
  • Pearland is one of the most active growing area of Houston MSA
  • Located 1 mile from intersection of Highway 35 and FM 518

Available Opportunities

No Currently Available Opportunities

Demographic Information

Population (3m)58,811
Average Household Income (3m)$104,171
Traffic CountFM 518: 30,449 VPD (Source: CoStar2018)

Location

Brokers

Jim Thompson
Senior Vice President

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