For Lease
$30/SF/YR

427 Market StGalveston, TX 77550

Prime Galveston location, flexible suites.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property, located at 427 Market St, Galveston, TX 77550, offers a diverse range of office spaces ideal for various businesses. The two-building complex, constructed in 2017, boasts a total of 13,000 square feet, with 10 individual suites available. Spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 6,500 square feet, providing flexibility for businesses of all sizes. The property sits on a 0.85-acre lot and features ample parking with 52 spaces. Currently, 10,500 square feet is available for lease. The building is single-story, with no elevators. The property is zoned commercial and enjoys a prime location in Galveston's thriving submarket, directly across from the 86-acre UTMB campus. This strategic location offers unparalleled access to a significant workforce, with over 20,931 employees within a 15-minute walk. The property is conveniently located near 4th St. and benefited from no damage during Hurricane Harvey. New tenants may be eligible for up to a $15.00 per square foot tenant improvement allowance. Galveston's robust economy, fueled by UTMB's presence and a thriving tourism sector (8.12 million visitors in 2022, spending nearly $1.2 billion), presents a compelling investment opportunity. This property is perfectly positioned to capitalize on Galveston's continued growth and development.

Highlights

  • Brand new construction with tenant improvement allowance.
  • Prime location adjacent to UTMB Hospitals and campus.
  • Elevated site with no history of flooding.
  • Abundant off-street parking.
  • End-cap space available, with optional drive-thru capability.

Property Details for 427 Market St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
13,000 SF
Year Built
2017
Buildings
2
Stories
1

Unit(s) available at that property

Space
Custom Configured
Size
6,500 SF
Rate per SF
$30

Location Insight

City
Galveston
County
Galveston
State
Texas
Latitude
29.310891197612
Longitude
-94.772233712904
427 Market St, Galveston, Texas

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Contacts

Jeremy Douglas
Jeremy Douglas
Visit Broker Website

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427 Market St, Galveston, Texas, 77550

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

427 Market St
  • Jeremy Douglas
    Jeremy Douglas
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