Located at 504 This Way in Lake Jackson, Texas, this 10,876 SF
shopping center presents an attractive investment opportunity
in a well-established and economically diverse market.
Positioned on a signalized hard corner directly across from Dow
Chemical, one of the region’s largest economic drivers, the
property benefits from excellent visibility, accessibility, and a
strong surrounding employment base.
The property is strategically located just off Highway 288, with
approximately 22,000+ vehicles per day (VPD) traveling along
This Way. Its prominent corner position provides convenient
access for both local residents and the substantial workforce
employed throughout the Lake Jackson trade area.
Lake Jackson benefits from its location within Brazoria County,
while remaining within easy reach of the greater Houston
metropolitan area. The community is supported by a stable
employment base led by major employers such as Dow Chemical,
creating consistent demand from residents, professionals, and
surrounding businesses.
The property features a strong tenant profile, with more than
60% of the GLA occupied by national brands, including DaVita,
First Franklin Financial, and Acrisure. All leases are structured on
a triple-net (NNN) basis, providing investors with a favorable
expense structure.
The property also offers a clear path to additional value through
the lease-up of the remaining vacancy, with the potential to
increase cash flow and drive the property toward an 8%+ pro
forma capitalization rate.