713-452-4200
201 S FM 270, League City, TX for Sale
Storefront - FOR SALE
1/6
null | Request Cap Rate

201 S FM 270
League City, TX 77573


HIGHLIGHTS

  • Multi-tenant rent roll provides diversified income from a mix of financial, retail, food service, and nonprofit tenants
  • The Property currently maintains approximately 89% occupancy with additional upside through lease-up of the remaining vacant suite
  • NNN lease structure allows for expense recoveries, helping reduce landlord operating exposure

OVERVIEW

Strong Tenant Mix Anchored by Frost Bank • Anchored by Frost Bank, one of the largest Texas-based banking institutions • Complementary tenant lineup includes Goodwill, Flawless Diamonds, and Pauline’s Donuts, generating consistent consumer traffic throughout the center • Goodwill lease extends through December 2036, providing long-term income stability Value-Add Opportunity Through Lease-Up • Approximately 1,231 SF currently vacant, presenting investors with an opportunity to increase occupancy and grow NOI through lease-up initiatives • Strong neighborhood retail fundamentals support continued tenant demand within the submarket Affluent League City Demographics & Houston MSA Growth • Located within the rapidly growing Houston MSA, the fifth-largest metropolitan area in the United States with more than 7.6 million residents • Affluent surrounding demographics include average household incomes exceeding $123,000 within a 5-mile radius • The surrounding 5-mile trade area includes nearly 194,000 residents and approximately 198,700 daytime employees supporting daily retail demand • Proximity to major employment drivers including NASA Johnson Space Center, Lockheed Martin, HCA Healthcare, and University of Houston-Clear Lake supports long-term economic stability and consumer spending.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Five Points Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

N/A

APN/PARCEL ID

2598-0000-0001-001

ASK ABOUT THIS PROPERTY

Justin MillerMarcus & MillichapMore Info
713-452-4200

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Justin MillerMarcus & MillichapMore Info
713-452-4200

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