Calloway's Nursery
Sugar Land,
TX
PROPERTY INFORMATION
PRICE SUMMARY
$ 5491000
CAP RATE
6 %
NOI
$ 329450
TOTAL LOT SIZE
2.12 Acres
BUILDING SIZE
4000 SF
PROPERTY HIGHLIGHTS
- Calloway's Nursery With 14.5+ Years Remaining in Primary Term
- Absolute NNN Lease With Zero Landlord Responsibilities
- 5% Rental Increases Every 5 Years Throughout Primary Term and Options
- Densely Populated 5-Mile Area With 230,000+ Residents and 17.83% Growth Over the Past 10 Years
- Affluent Community Having an Average Household Income of $151K+ Within 5-Mile Radius
- Located in The Crossing at Telfair, a 28-Acre Mixed-Use Master Planned Development — Including H-E-B, Holiday Inn, Whataburger, Chuy's, Mattress Firm, Jersey Mikes, Two Retail Centers and Telfair Office Park (70 Office Condos)
- Publicly Traded Tenant (OTC: CLWY) with $54M Market Cap, 40 Year Operating History
Calloway's Nursery
|
6720 Hwy 90A,
Sugar Land,
TX
77479
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POINT OF CONTACT
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