For Sale
$4,200,000

1300 Highway 6 Alvin, TX 77511

Texas Retail Center: 100% Occupied, NNN Leases

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 6,487 square foot shopping center in Alvin, Texas, presents a truly hands-off investment opportunity. Located on 1.27 acres at 1300 E Hwy 6, 77511, this Class A retail center boasts a prime location near the main intersection of the Alvin market, benefiting from explosive growth on the west side of Highway 35. Completely redeveloped in 2023, the property features a brand new roof, slab expansion, updated plumbing, electrical, and water lines. The building was essentially rebuilt down to the steel frame and reinforced, eliminating any deferred maintenance. The center is 100% occupied by two credit tenants, Aspen Dental and McAlister's Deli, each with a 10-year lease commencing in 2024. This NNN lease structure ensures minimal management responsibilities and long-term financial stability. The property's strong tenant mix, new construction, and prime location make it an ideal investment for those seeking a low-maintenance, high-return opportunity. The asking price is $4,200,000. This is a multi-tenant property built in 1999 and renovated extensively in 2023.

Highlights

  • $4,200,000 asking price for a 6,487 SF shopping center in Alvin, TX.
  • 100% occupied, multi-tenant retail property with NNN leases.
  • Aspen Dental and McAlister's Deli are credit tenants with 10-year leases.
  • Completely renovated in 2023, minimizing future capital expenditures.
  • Excellent location near the main intersection of Alvin, positioned for growth.

Property Details for 1300 Highway 6

Property type
Lifestyle centers, Power centers
Square Feet
6,487 SF
Year Built/Renovated
1999/2023
Lot Size (sq. ft)
55,321 SF

Location Insight

City
Alvin
County
Brazoria
State
Texas
Latitude
29.4248063
Longitude
-95.232826

FAQs

What type of property is this?
Lifestyle center - Texas Retail Center: 100% Occupied, NNN Leases
Where is the lifestyle center located?
The property is located at 1300 Highway 6 Alvin, TX.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: $4,200,000 asking price for a 6,487 SF shopping center in Alvin, TX.; 100% occupied, multi-tenant retail property with NNN leases.; Aspen Dental and McAlister's Deli are credit tenants with 10-year leases.
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.
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1300 Highway 6
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