Freestanding Retail Building in
For Sale
Contact for pricing
Pending
2413 Bay Area Blvd, Houston, TX 77058
Newly constructed, leased to Swig Drinks with long-term stability.
Property Size665 SF
Days on Market97
Property Features for 2413 Bay Area Blvd
General Information
Standard status
Pending
Size
665 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$70,000
Building Details
Year Built
2023
Tenancy
Single
Listing Agency:
Kidder Mathew
(713) 417-1835
Listed By:
John David Cobb · License #TX 443604
Source:
Crexi
Added: May 26
Changed: Aug 14
Last Checked: Aug 29 at 8:59AM
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 Kidder Mathew
Investment Insights
Based on property information with market context.
The property is a newly constructed freestanding retail building with approximately 665 square feet, located on Bay Area Boulevard in Houston, Texas. It is situated as an outparcel within University Plaza, a shopping center with national and regional tenants such as Goodwill and Dollar Tree. The location offers visibility, strong traffic counts, and synergy with surrounding retailers. The property is 100% leased to Swig Drinks, a beverage concept, under a 15-year triple net lease, providing passive income with minimal landlord responsibility. The lease includes fixed rental increases of 10% every five years during the primary term and each of the three additional five-year renewal options. According to Placer.ai, this Swig location is ranked as the fifth most visited in Texas and is in the top 40 percent of Swig stores nationwide.
Key Highlights
- 15‑year triple net lease with Swig Drinks, providing passive income.
- Fixed rental increases of 10% every five years, ensuring long‑term income growth.
- Newly constructed (2023) freestanding retail building.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77058, TX
19,442
Population
11,203
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
95%
High-School Grad
8.4 sq mi
ZIP Area
2,315
Density / Sq Mi
$66,471
Median Household Income
$51,423
Median Earnings
$1,362
Median Rent
$244,800
Median Home Value
Market
Vacancy Rate% for Retail in Houston, TX
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Frequently Asked Questions
What type of property is this?
Storefront property - Newly constructed, leased to Swig Drinks with long-term stability.
Where is this storefront property located?
The property is located at 2413 Bay Area Blvd Houston, TX.
What is the asking price?
The asking price for this property is $1,217,391.
What are key features of this property?
This property features: 15‑year triple net lease with Swig Drinks, providing passive income.; Fixed rental increases of 10% every five years, ensuring long‑term income growth.; Newly constructed (2023) freestanding retail building.
