1438 Texas AveTexas City, TX 77590

For Sale
$829,000

High-return retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 10,000-square-foot shopping center in Texas City, Texas, boasting a prime location and strong tenant occupancy. The property, situated at 1438 Texas Ave, 77590, is a single-story, 1967-built structure with six individual units, all currently leased, resulting in 100% occupancy. The asking price is $829,000, translating to $82.90 per square foot. The 0.309-acre lot provides ample space, complemented by 25 parking spaces for customer convenience. The center is zoned for commercial use and benefits from high visibility due to its location across from petrochemical plants, ensuring a consistent flow of potential customers. The property's strong performance and strategic location make it an attractive investment for those seeking a stable, high-yield retail asset. Detailed financial information, including rent rolls and additional photos, is available upon request. The property features 10,000 square feet of net rentable space. This well-maintained shopping center presents a rare opportunity to acquire a fully occupied, income-generating property in a thriving Texas City commercial district.

Highlights

  • $829,000 asking price for this Texas City retail property.
  • 10,000 square feet of net rentable space in a 100% occupied shopping center.
  • Located at 1438 Texas Ave, Texas City, TX 77590.
  • Six retail units within this single-story, 10,000 square foot building.
  • $82.90 per square foot price.
  • 25 parking spaces on a 0.309-acre lot.

Property Details for 1438 Texas Ave

Property type
Lifestyle centers, Power centers
Square Feet
10,000 SF
Year Built
1967
Stories
1
Lot Size (sq. ft)
13,460 SF
Units
6

Location Insight

City
Texas City
County
Galveston
State
Texas
Latitude
29.3841865
Longitude
-94.9158427
1438 Texas Ave, Texas City, Texas

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1438 Texas Ave
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