Stabilized Retail Asset For
2215 Rollingbrook Dr, Baytown, TX 77521
For Sale
Contact for pricing
Fully occupied retail center with strong tenant base and location.
Property Size10,070 SF
Price / SF$332.67
Days on Market269
Property Features for 2215 Rollingbrook Dr
General Information
Standard status
Size
Property subtype
Occupancy
Lease Type
Net Operating Income
Building Details
Year Built
Buildings
Stories
Units
Listing Agency:
Meridian Investment Realty
Listed By:
Matthew Thude · License TX #830109
Source:
Crexi
Added: Feb 17
Changed: Nov 3
Last Checked: Nov 12 at 4:40AM
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 Meridian Investment Realty
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Investment Insights
Based on property information with market context.
The Center of Rollingbrook, situated at 2215 Rollingbrook, is a stabilized neighborhood retail asset. The property is 100% occupied and features a strong tenant base. Its location is surrounded by residential homes and multi-family properties. The property is strategically positioned between Exxon Mobile and Houston Methodist Hospital. The property size is 10070 square feet.
Key Highlights
- 100% Occupied with a Strong Tenant Base
- Excellent Location Surrounded by Residential Homes and Multi‑Family Properties
- Strategically Positioned Between Exxon Mobile and Houston Methodist Hospital
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,650
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,393,000
$2.4M
Cap Rate 7%
$1,709,286
$1.7M
Cap Rate 9%
$1,329,444
$1.3M
Market Conditions
NOI Build-Up for 10,070 SF
Gross rent
$181.3K $18.00/SF
− Vacancy
−$10.3K −$1.03/SF
EGI
$170.9K $16.97/SF
− OpEx
−$51.3K −$5.09/SF
NOI
$119.6K $11.88/SF
Area
Harris County, TX
Vacancy
5.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,393,000
Cap Rate 7%
$1,709,286
Cap Rate 9%
$1,329,444
Alternative Uses
Best Use
Retail
$1.71M
$1.50M – $1.99M
NOI $119,650 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.75M
$2.41M – $3.21M
NOI $192,474 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
876
Businesses Nearby
14k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Exxon
Shops & Services
11,739 visits/mo
0.5 miles
Mobil
Shops & Services
2,360 visits/mo
0.1 miles
Demographics for 77521, TX
65,058
Population
25,131
Households
2.6
Avg Household Size
33
Median Age
18%
College-Educated
82%
High-School Grad
49.3 sq mi
ZIP Area
1,320
Density / Sq Mi
$76,012
Median Household Income
$45,522
Median Earnings
$1,312
Median Rent
$220,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Shopping centers in Harris County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Baytown Shopping Center — 3407-3517 Garth Rd, Baytown, TX 77521
- Rollingbrook Plaza — 3614 Garth Rd, Baytown, TX 77521
- Coinstar Kiosk — h.e.b., 3500 garth road, baytown, tx 77521
- Coinstar Kiosk | Bitcoin ATM — 3500 Garth Rd H.E.B, Baytown, TX 77521
- Coinstar Kiosk | Bitcoin ATM — Food Town, 3002 W Baker Rd, Baytown, TX 77521
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail center with strong tenant base and location.
Where is this shopping center located?
The property is located at 2215 Rollingbrook Dr Baytown, TX.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 100% Occupied with a Strong Tenant Base; Excellent Location Surrounded by Residential Homes and Multi‑Family Properties; Strategically Positioned Between Exxon Mobile and Houston Methodist Hospital
