1300 E Highway 6 - Freestanding FOR SALE


Alvin, TX 77511
$3,826,000 USD
415-852-5177
1300 E Highway 6, Alvin, TX for Sale
$3,826,000 USD
Freestanding - FOR SALE
1/5
null | 6.85% Cap Rate

1300 E Highway 6
Alvin, TX 77511


HIGHLIGHTS

  • 10-year net leases to two national brands with McAlister’s Deli (500+ total locations) and Aspen Dental (1,100+ locations).
  • 10% rental increases every five years across initial terms and option periods, delivering consistent income growth.
  • Tenants handle taxes, insurance, and most maintenance, minimizing landlord responsibilities.

OVERVIEW

The property is located at 1300 E Highway 6 in Alvin, Texas, on a 1.27-acre site improved with a 6,484-square-foot building that was renovated in 2023. The property is occupied by McAlister’s Deli and Aspen Dental and is positioned near the intersection of E Highway 6 and State Highway 35/Alvin Bypass, providing access to regional transportation corridors. The surrounding area includes national retailers, educational institutions, existing residential neighborhoods, and planned residential development projects. Traffic counts in the immediate area exceed 20,000 vehicles per day, with reported volumes approaching 60,000 vehicles per day at the nearby intersection of E Highway 6 and State Highway 35/Alvin Bypass. Population growth and ongoing commercial and residential development have occurred within the surrounding trade area.

FOR SALE DETAILS

PRICE

$3,826,000 USD

PRICE/SF

$590 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McAlister's Deli & Aspen Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

F1

APN/PARCEL ID

3710-0001-000

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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