7710 Garth RdBaytown, TX 77521

For Sale
$3,150,770

Baytown, TX Shopping Center - 100% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional 8,037 square foot shopping center, located at 7710 Garth Rd, Baytown, TX 77521, presents a compelling investment opportunity. Built in 2020, this Class B, multi-tenant property boasts a 100% occupancy rate, generating a strong net operating income (NOI) of $204,800 and a 6.50% capitalization rate. The asking price is $3,150,770. Situated on a 0.76-acre lot (APN 1235440000117), the property benefits from its strategic location within a rapidly growing area of Baytown, Harris County, Texas. The surrounding area has experienced significant population growth, with a 20% increase since 2020, totaling 33,187 residents within a 3-mile radius and 92,422 within 5 miles. This thriving community is fueled by the energy industry, home to major refineries including Exxon Mobil's substantial Baytown plant. The center's strong tenant mix is further enhanced by its proximity to established national retailers such as Target, Starbucks, Walgreens, HEB, Academy Sports, and Whataburger, ensuring high visibility and consistent foot traffic. This property offers a rare combination of strong financial performance, prime location, and significant growth potential, making it an ideal addition to any investment portfolio.

Highlights

  • Prime Baytown, TX location near major refineries, including ExxonMobil's large Baytown plant.
  • Significant population growth: 20% increase since 2020, with 33,187 residents within 3 miles and 92,422 within 5 miles.
  • Strong retail synergy with nearby Target, Starbucks, Walgreens, HEB, Academy Sports, and Whataburger.

Property Details for 7710 Garth Rd

Property type
Lifestyle centers, Power centers
Square Feet
8,037 SF
Class
B
Year Built
2020
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Baytown
County
Harris
State
Texas
Latitude
29.812589
Longitude
-94.9823544
7710 Garth Rd, Baytown, Texas

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7710 Garth Rd
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