1401 Marina Bay Dr, Kemah, TX 77565
Retail space with long operating history in affluent area.
- Added:
- Mar 13, 2026
- Days on Market:
- 116
- Last Refresh:
- Mar 19 at 11:21 pm
Property Features for 1401 Marina Bay Dr
General Information
- Standard status
- Active
- Size
- 25,236 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2002
Listing office Berkeley Capital Advisors Charlotte
Listing date Mar 13, 2026
Source Crexi
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 Berkeley Capital Advisors Charlotte
HighLights
- Corporate Lease in place
- Long operating history makes this an ideal investment
- Located in an affluent surrounding area
- Built in 2002
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $514.8k | $20.40 |
| − Vacancy | −$29.3k | −$1.16 |
| EGI | $485.5k | $19.24 |
| − OpEx | −$145.6k | −$5.77 |
| NOI | $339.8k | $13.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kemah
- County
- Galveston
- State
- Texas
- Longitude
- -95.040879
- Latitude
- 29.541191
