102 22nd St - Freestanding FOR SALE


Galveston, TX 77550- Downtown Galveston
$3,200,000 USD
409-761-4107
102 22nd St, Galveston, TX for Sale
$3,200,000 USD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

102 22nd St
Galveston, TX 77550
Downtown Galveston


HIGHLIGHTS

  • Across street from cruise ship terminal
  • Heavy foot traffic
  • Income-producing parking lot

OVERVIEW

Prime net-leased investment opportunity featuring two separate freestanding buildings occupied by Starbucks and Jimmy John's, two nationally recognized brands with strong customer traffic and established market presence directly across the street from the Galveston Cruise Terminals. The offering includes parking lot with 50 total spaces, providing ample parking for tenants and visitors. Of these spaces, 10 are dedicated to Starbucks, 12 are dedicated to Jimmy John’s, and 28 serve as transient parking spaces providing an additional revenue stream for the owner and creating additional convenience and flexibility for customers. The property also features two Blink EV charging stations, enhancing its appeal to a growing segment of electric vehicle drivers and supporting future-focused infrastructure. Strategically positioned and anchored by creditworthy national tenants, this asset offers investors the benefits of established occupancy, reliable income potential, and strong visibility. The combination of high-profile tenants, dedicated parking, EV charging amenities, and a desirable commercial location makes this a compelling addition to an investment portfolio.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$993 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harbor Square - Starbucks/Jimmy Johns

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

Commercial

APN/PARCEL ID

3505-0681-0001-000

ASK ABOUT THIS PROPERTY

Joseph RozierMitchell Historic PropertiesMore Info
409-761-4107

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Joseph RozierMitchell Historic PropertiesMore Info
409-761-4107

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.