1823 Main StPearland, TX 77581

For Sale
$120,000

Thriving Liquor Store, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
92
This profitable Pearland, Texas liquor store is available for $120,000 (excluding inventory). The 1,800 square foot storefront, built in 2018, boasts a convenient drive-thru and enjoys a prime location in a high-traffic area. Generating $425,000 in gross revenue and a net operating income (NOI) of $62,215, this established business offers a strong return on investment. The lease is a triple net (NNN) agreement with a current monthly rent of $2,200. The current lease has three years remaining in the current option period, followed by a five-year option. The original lease term was 15 years. All furniture, fixtures, and equipment are included in the asking price. The business benefits from a stellar reputation, evidenced by a 4.8 Google rating. This turnkey operation presents a rare opportunity for an owner/user or investor seeking a profitable, established business in a desirable location within Brazoria County. The inventory is available for an additional $200,000.

Highlights

  • Asking Price: $120,000 (plus $200,000 inventory).
  • Annual Cash Flow: $62,215.
  • Gross Annual Revenue: $425,000.
  • Lease: 1,800 SF, $2,200/month, expiring 6/30/2031.
  • Fixtures, Furniture & Equipment (FF&E) Included.
  • High-Visibility Location in Brazoria County.

Property Details for 1823 Main St

Property type
Other retail properties, Individual retail properties
Square Feet
1,800 SF
Year Built
2018
Units
1

Location Insight

City
Pearland
County
Brazoria
State
Texas
Latitude
29.5752139
Longitude
-95.2856645
1823 Main St, Pearland, Texas

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1823 Main St
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