This fully occupied retail center features two buildings and a storage shed situated with 100 feet of frontage on both Cedar Drive and Cora Drive. It is located within Flood Zone X and Opportunity Zone #48167723000, offering both long-term stability and potential tax advantages for investors.
The property includes a 3,057 SF main building configured into two tenant spaces and a second 800 SF building with one tenant space, all currently generating income. Positioned along Cedar Drive with 4,197 vehicles per day (TxDOT, 2021), the center benefits from consistent local traffic and strong visibility within the surrounding residential community. Current tenants include a daycare, church, and retail business.
Its strategic location provides convenient access to Interstate 45, State Highway 3, State Highway 146, and Emmett F. Lowry Expressway (FM 1764), connecting the property to the greater Galveston County and Houston markets. Nearby major retailers include Kroger, Lowe’s Home Improvement, H-E-B, and Aldi. With full occupancy and Opportunity Zone benefits, this retail center presents an opportunity for investors seeking a stabilized asset with long-term upside potential.