Freestanding Single-Tenant Storefront
For Sale
Contact for pricing
125 E GALVESTON ST, League City, TX 77573
Single-story retail building with dedicated parking, pylon signage, and an adjoining parcel for future expansion or redevelopment.
Property Size3,600 SF
Lot Size0.51 Acres
Price / SF$166.67
Days on Market124
Property Features for 125 E GALVESTON ST
General Information
Standard status
Active
Size
3,600 SF
Total Parking Spaces
16
Lot size
0.51 Acres
Property subtype
Retail
Occupancy
100%
Site & Location
Pylon Signage
Yes
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1999
Buildings
1
Stories
1
Units
2
Tenancy
Single
Listing Agency:
Luxely Real Estate
(713) 906-0808
Listed By:
Derek Montes · License #TX 752899
Source:
Crexi
Added: May 1
Changed: Aug 30
Last Checked: Aug 30 at 11:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luxely Real Estate
Investment Insights
Based on property information with market context.
This freestanding storefront property includes a single-story, single-tenant retail building constructed in 1999. The site comprises a 0.29-acre parcel with 118 feet of frontage on East Galveston Street, along with an adjacent 0.22-acre lot included in the sale. Pylon signage and 16 on-site parking spaces support the property’s retail presentation and customer access.
The property is positioned near I-45 and Highway 3, providing connections to regional employment and population centers. The surrounding area includes established retail and dining uses as well as residential neighborhoods. The additional parcel provides room for parking expansion, a building addition, or future redevelopment, subject to applicable approvals.
The property is positioned near I-45 and Highway 3, providing connections to regional employment and population centers. The surrounding area includes established retail and dining uses as well as residential neighborhoods. The additional parcel provides room for parking expansion, a building addition, or future redevelopment, subject to applicable approvals.
Key Highlights
- Freestanding single‑story retail building constructed in 1999
- 0.29‑acre parcel with 118 feet of frontage on East Galveston Street
- Adjacent 0.22‑acre lot included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,296
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,045,920
$1.0M
Cap Rate 7%
$747,086
$747.1K
Cap Rate 9%
$581,067
$581.1K
Market Conditions
NOI Build-Up for 3,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$79.1K $21.96/SF
− Vacancy
−$4.3K −$1.21/SF
EGI
$74.7K $20.75/SF
− OpEx
−$22.4K −$6.23/SF
NOI
$52.3K $14.53/SF
Area
League City, TX
Vacancy
5.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,045,920
Cap Rate 7%
$747,086
Cap Rate 9%
$581,067
Alternative Uses
Best Use
Retail
$747.1K
$653.7K – $871.6K
NOI $52,296 @ 7.0% cap · market cap 8.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$958.2K – $1.28M
NOI $76,653 @ 7.0% cap · market cap 12.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 77573, TX
95,256
Population
37,188
Households
2.6
Avg Household Size
37
Median Age
49%
College-Educated
96%
High-School Grad
29.8 sq mi
ZIP Area
3,197
Density / Sq Mi
$122,783
Median Household Income
$67,441
Median Earnings
$1,647
Median Rent
$342,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Single-story retail building with dedicated parking, pylon signage, and an adjoining parcel for future expansion or redevelopment.
Where is this storefront property located?
The property is located at 125 E GALVESTON ST League City, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Freestanding single‑story retail building constructed in 1999; 0.29‑acre parcel with 118 feet of frontage on East Galveston Street; Adjacent 0.22‑acre lot included in the sale
