6840 Hwy 6 - Storefront FOR SALE


Missouri City, TX 77459
$3,500,000 USD
713-775-8899
6840 Hwy 6, Missouri City, TX for Sale
$3,500,000 USD
Storefront - FOR SALE
1/5
null | 7.08% Cap Rate

6840 Hwy 6
Missouri City, TX 77459


HIGHLIGHTS

  • Frontage on State Highway 6
  • 100 Percent Economical Occupancy
  • Stabilized Income with Value-Add Potential
  • Located Near Premier Master-Planned Communities: Riverstone and Sienna Plantation
  • Average Household Income Exceeds $150,000 within a One-Mile Radius

OVERVIEW

Marcus & Millichap is pleased to exclusively list for sale Brazos Lake Shopping Center, located at 6840 Highway 6 in Missouri City, Texas. Positioned on State Highway 6 with over 58,000 vehicles per day, this 9,920-square-foot retail center delivers a compelling opportunity in a high-growth retail corridor that continues to attract strong consumer demand and household spending power in the Southwest Houston metropolitan market. Brazos Lake Shopping Center is anchored by Excel Urgent Care, a multi-location healthcare provider, and also accommodates a highly reputable pawn shop. The third suite is master leased for three years from closing at an annual base rent of $24.00/SF + NNN (lowest rent in the center). The average household income exceeds $150,000 within a one-mile radius, and there is significant population growth projected through 2029, meaning the asset stands out for its demographically supported revenue potential. Therefore, there is a high probability of leasing the master leased suite at $24.00/SF + NNN (or more). The property’s multi-tenant configuration and strong location advantage place it within a vibrant retail ecosystem anchored by premier master-planned communities (Riverstone and Sienna Plantation) and regional shopping destinations. This creates a durable investment profile with resilient leasing fundamentals, excellent visibility, and strategic access for both local residents and commuters. Brazos Lake Shopping Center is offered at a price of $3,500,000 which represents a 7.08 percent cap rate. Overall, Brazos Lake Shopping Center represents a well-positioned retail asset that combines proven tenancy, attractive trade demographics, and solid highway frontage fundamentals, making it an attractive opportunity for investors targeting stable income and long-term value creation in the Houston-area retail market.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$353 USD /SF

CAP RATE

7.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brazos Lake Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

CROSS STREETS

Glenn Lakes Ln & Lake Olympia Pkwy

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

None

APN/PARCEL ID

1804-01-001-0020-907

ASK ABOUT THIS PROPERTY

Alex Wolansky, CCIMMarcus & MillichapMore Info
713-775-8899

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Alex Wolansky, CCIMMarcus & MillichapMore Info
713-775-8899

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