4500 7Th St Bay City, TX 77414

This 23,084 square-foot shopping center in Bay City, Texas, presents a compelling investment opportunity. Built in 2008 and situated on a 2.81-acre lot, the property boasts 9 tenants under triple-net (NNN) leases, achieving 100% occupancy and generating a strong NOI of $363,454, representing an 8.00% cap rate. The center is shadow-anchored by a Walmart Supercenter and benefits from high daily traffic counts exceeding 21,767 vehicles on State Highway 35 (7th Street). A significant portion (67%) of the gross leasable area is occupied by national credit tenants, including Hibbett Sporting Goods and Cato, providing stability and strong cash flow. The tenant mix features a complementary blend of largely internet-resistant and service-oriented businesses. The property's location near numerous national and regional retailers and hotels further enhances its appeal. Average household incomes within a five-mile radius consistently exceed $70,000, indicating a robust consumer base. The asking price is $4,543,175, translating to $196.81 per square foot. This well-positioned, high-performing retail center offers a secure and profitable investment prospect.