For Sale
$2,187,000

951 Rollingbrook Dr Baytown, TX 77521

High-performing, 100% occupied storefront.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional Baytown, Texas retail property presents a compelling investment opportunity. The 5,270 square foot building, constructed in 2018, sits on a 0.43-acre lot at 951 Rollingbrook Dr, 77521, and is 100% occupied by two national tenants: Speed Queen and Total Wireless. The property benefits from a strong Net Net (NN) lease structure, featuring a primary tenant with approximately 7.2 years remaining on a 10.2-year lease, including three five-year renewal options with 10% rent bumps every five years. A secondary tenant holds a five-year lease with annual 3% increases and a five-year renewal option. The property boasts a current Net Operating Income (NOI) of $133,804, yielding a 6.12% cap rate at an asking price of $2,187,000 ($414.99/sq ft). Its prime location as an outparcel to a busy Joe V's Smart Shop (HEB) in a high-growth area ensures consistent traffic and strong performance. The property's excellent visibility and access, coupled with the tenants' resilience to e-commerce trends, make this a secure and attractive investment. The fee-simple ownership provides complete control and potential for future appreciation. This is a rare opportunity to acquire a high-quality, well-leased retail property in a thriving market.

Highlights

  • Excellent tenant creditworthiness.
  • Prime retail location in a strong submarket.
  • Outparcel to a Joe V's Smart Shop (HEB).
  • Long-term leases with built-in rent increases (7.2 years remaining on primary lease with 10% rent bumps every 5 years; secondary lease has 3% annual increases).
  • Strong performing tenants with recession-resistant business models.
  • Net-Net (NN) lease structure.

Property Details for 951 Rollingbrook Dr

Property type
Retail properties, Retail space
Square Feet
5,270 SF
Class
C
Year Built
2018
Buildings
1
Stories
1
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Baytown
County
Harris
State
Texas
Latitude
29.7607912
Longitude
-94.9764352

FAQs

What type of property is this?
Retail property - High-performing, 100% occupied storefront.
Where is the retail property located?
The property is located at 951 Rollingbrook Dr Baytown, TX.
What is the asking price?
The asking price for this property is $2,187,000.
What are key features of this property?
This property features: Excellent tenant creditworthiness.; Prime retail location in a strong submarket.; Outparcel to a Joe V's Smart Shop (HEB).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
951 Rollingbrook Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message