1300 E Highway 6 - Freestanding FOR SALE
Alvin, TX 77511 |
1300 E Highway 6
Alvin, TX 77511
HIGHLIGHTS
- TRUE HANDS-OFF INVESTMENT OPPORTUNITY - Minimal management required for small 2-tenant center with long-term quality credit leases
- BRAND NEW, CLASS A RETAIL CENTER - Center underwent a complete redevelopment in 2023 with new roof, slab expansion, plumbing, electric, and waterline
- QUALITY CREDIT TENANCY ON NEW LONG-TERM LEASES - Aspen Dental recently commenced on 10-year lease, McAlister's to commence on 10-year lease in 2024
- STRONG POSITIONING NEAR THE MAIN & MAIN INTERSECTION OF THE ALVIN MARKET - Located in the path of explosive growth on the west side of Highway 35
- 9.4% Projected Population Growth Over the Next 5 Years | $106,000 Average Household Income | 2,000+ Households Delivered/Planned in the Next Year
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Aspen Dental & McAlister's Deli
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
6487
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
74
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
3710-0001-000
