Longwood Crossing

NewQuest Properties Investment Sales Team is pleased to exclusively present the Longwood Shopping Center anchored by Starbucks Coffee. This fee simple property is strategically located in the heart of the Pearland submarket with frontage on E. Broadway Street (26,000 VPD) and cross access to Dixie Farm Road (25,000 VPD). The 5,226-SF shopping center was developed in 2017 with three suites, two of which are currently occupied by Starbucks and a high-end nail salon. The third unit is being offered with a master lease below market rent to provide an investor with immediate income and upside by backfilling the space with a tenant at market rent. Pearland boasts a population of 195,000 within five miles with an average household income of $146,000 in the one mile radius. The affluent demographics have attracted the likes of Home Depot, Walmart, Walgreens and Chick-fil-A in addition to numerous other national and regional tenants.

Location:
1427 E. Broadway St
City:
Pearland
Traffic Counts:

26,469 VPD on E. Broadway Street

25,299 VPD on Dixie Farm Road

Broker:
David Luther | 281.477.4373 | dluther@newquest.com
Dakota Workman | 281.640.7151 | Mobile: 936.425.6123 | dworkman@newquest.com