2900 Avenue F - Freestanding FOR SALE


Bay City, TX 77414
$952,755 USD
312-548-6822
2900 Avenue F, Bay City, TX for Sale
$952,755 USD
Freestanding - FOR SALE
1/5
null | 6.35% Cap Rate

2900 Avenue F
Bay City, TX 77414


HIGHLIGHTS

  • Long-Term Occupancy
  • Early Lease Extension
  • Attractive Rent Increases
  • Corporate Lease
  • Strategic Retail Location
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Sherwin Williams located at 2900 Avenue F in Bay City, Texas (“the Property”). Sherwin Williams has been at this location since 1978 and recently extended their lease (three years early) demonstrating their commitment to the site and the market. Sherwin Williams has over 9 years remaining on their lease with three (3), 5-year renewal options. The lease calls for attractive 10% rent increases during current lease term and at the start of the second and third option periods. Sherwin-Williams is prominently located along Avenue F (State Highway 60), one of Bay City’s primary commercial corridors. The site benefits from excellent visibility and frontage, with prominent signage and multiple access points. Positioned just south of downtown Bay City, the trade area features an array of national retailers, restaurants, service businesses, and neighborhood amenities, including nearby schools and medical facilities. State Highway 60 provides direct connectivity to other key routes such as State Highway 35, supporting steady traffic flow and accessibility to the broader Matagorda County region. The location is also within close proximity to Matagorda Regional Medical Center, several parks, and recreational attractions, making it well-situated within a vibrant and active community setting.

FOR SALE DETAILS

PRICE

$952,755 USD

PRICE/SF

$94 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin Williams

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

-

APN/PARCEL ID

40731

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

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