1401 Marina Bay Dr - Freestanding FOR SALE


Kemah, TX 77565
$6,421,000 USD
704-379-1985
1401 Marina Bay Dr, Kemah, TX for Sale
$6,421,000 USD
Freestanding - FOR SALE
1/6
null | 7.75% Cap Rate

1401 Marina Bay Dr
Kemah, TX 77565


HIGHLIGHTS

  • Corporate lease | West Marine Products, Inc. | 240+ locations across the US and Puerto Rico
  • Located inside of dense retail corridor | 2.2M SF within a 2-mile radius
  • Long operating history | Leased since 2012
  • Large parcel | 2.88 acres
  • Strong population growth within 3 miles | 30.09% from 2010-2025
  • Affluent surrounding area | $133,107 average household income within a 1-mile radius

OVERVIEW

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale West Marine in Kemah, TX. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$6,421,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Marine

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

2.88 AC

LAND SF

125,453 SF

ZONING

Commercial

APN/PARCEL ID

5703-0001-0001-181

ASK ABOUT THIS PROPERTY

Ransome FooseBerkeley Capital AdvisorsMore Info
704-379-1985

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Ransome FooseBerkeley Capital AdvisorsMore Info
704-379-1985

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