3233 Meridiana PkwyArcola, TX 77583

For Sale
Call for price

High-traffic Auto Shop, 15-Year Lease

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents an 8,459 square foot AutoZone located at 3233 Meridiana Pkwy, Iowa Colony, TX 77583. The property sits on a 1.69-acre lot and benefits from an absolute NNN lease with 15 years remaining. This single-tenant building is part of a thriving retail sector with extremely limited supply, ensuring strong market access. The property's strategic location along Highway 288, a major thoroughfare connecting Houston and its suburbs, guarantees high visibility and accessibility. Furthermore, the recent opening of a nearby elementary school, along with two new high schools opened in 2021 and 2022, significantly increases foot and automobile traffic. The surrounding area is characterized by high-end suburban home construction, providing a favorable demographic profile for the tenant. This investment offers a stable, long-term income stream in a rapidly growing area. The property type is classified as Retail, Special Purpose, with the subtype being Auto Shop. This is a rare opportunity to acquire a well-established, high-performing retail asset in a prime location.

Highlights

  • Limited retail space in the submarket creates high demand.
  • New elementary school (0.65 miles) and two recently opened high schools boost foot and vehicular traffic.
  • Upscale residential development provides a strong demographic profile for tenants.
  • Excellent visibility and accessibility via Highway 288, a major Houston thoroughfare.

Property Details for 3233 Meridiana Pkwy

Property type
Other specialty properties, Other retail properties
Square Feet
8,459 SF
Lot Size (sq. ft)
73,616 SF

Location Insight

City
Arcola
County
Brazoria
State
Texas
Latitude
29.439186459143
Longitude
-95.431210942957
3233 Meridiana Pkwy, Arcola, Texas

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3233 Meridiana Pkwy
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