NWQ Hwy 518 & Evergreen Memorial Pky - Freestanding FOR SALE


Kemah, TX 77565
$2,467,000 USD
760-930-7931
NWQ Hwy 518 & Evergreen Memorial Pky, Kemah, TX for Sale
$2,467,000 USD
Freestanding - FOR SALE
1/6
null | 5.8% Cap Rate

NWQ Hwy 518 & Evergreen Memorial Pky
Kemah, TX 77565


HIGHLIGHTS

  • 10-year NNN lease with corporate guaranty from Verizon’s 2nd largest authorized retailer
  • Brand new 2025 construction with latest prototype design
  • Located at entrance to major national tenant-anchored center
  • Affluent trade area with $145K average household income
  • Minutes from Kemah Boardwalk with 4M+ annual visitors
  • Shadow-anchored by Walmart with 2M annual visitors

FOR SALE DETAILS

PRICE

$2,467,000 USD

PRICE/SF

$987 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

4361-0000-0003-000

ASK ABOUT THIS PROPERTY

Thomas LadtColliersMore Info
760-930-7931

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Thomas LadtColliersMore Info
760-930-7931

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