Tranquility Center

Prime Investment Opportunity Consisting of 4 Buildings in the Center of Pearland, a highly sought after, high income family area located approximately 15-20 minutes from downtown Houston and the Houston Medical Center. Four buildings house a diverse range of professional tenants, such as physicians, legal firms, daycare centers, and spas, and boasts an impressive 97% occupancy rate. Additional income consist of a BILL BOARD on FM 518, and floored attic space available for lease above the various buildings. With stable and long-term tenants on NNN leases, Tranquility Center guarantees a reliable revenue stream. The well-maintained buildings feature a total square footage of 39,065, offering a mix of office and retail spaces ideal for investors seeking a stable return. The property is part of a 1-location sale condition, making it a seamless addition to a 1031 exchange portfolio. Built between 2003 and 2008, this prime commercial real estate opportunity combines a competitive 6.35% Cap Rate with an NOI of $755,650. Don't miss the chance to own a piece of this thriving business community at 7918 Broadway St., Pearland, TX 77581.