League City Retail
2750 W Main St League City, TX 77573
2750 W Main St, League City, TX, 77573
$2,800,000
For Sale
$2,800,000
7,980 SF shopping center with diverse tenants.
Property Size7,980 SF
Price / SF$350.88
Days on Market99
Property Features for 2750 W Main St
General Information
- Standard status
- Active
- Size
- 7,980 SF
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 2001
Listing agency
Houston Office
(713) 452-4292
Listed by
Alex Wolansky, CCIM · License #License(s): TX: 702899
(713) 452-4292
Source
Marcusmillichap
Added: Apr 14 Updated: Jul 10 at 3:56PM Checked: Jul 21 at 3:08AM
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 Houston Office
Investment Insights
Based on property information with market context.
The Plaza at Amber Lane is a 7,980-square-foot shopping center located at 2750 West Main Street in League City, Texas. The property is an opportunity to purchase a property that is majority-occupied by Guided Practice Solutions, operating as New Teeth, occupying 66 percent of the property. The remaining tenancy includes Edward Jones, a dry cleaner drop-off location, and an office-user. The location on West Main Street benefits from serving as a neighborhood retail and medical center, while also serving commuters who live west of the subject property and drive past the retail center to access Interstate 45, located just east of the property. West Main Street sees approximately 30,000 vehicles per day. Nearby retailers include Walmart, Auto Zone, Pizza Hut, McDonalds, Wendy’s, and Amegy Bank. The average household incomes of $133,000 within one and three miles.
Key Highlights
- Majority‑occupied by Guided Practice Solutions (New Teeth), a creditworthy anchor tenant.
- Opportunity to assume Seller's existing loan at a desirable 4.50 percent interest rate.
- Offered at a 7.20 percent cap rate.
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 | $175.2k | $21.96 |
| − Vacancy | −$9.6k | −$1.21 |
| EGI | $165.6k | $20.75 |
| − OpEx | −$49.7k | −$6.23 |
| NOI | $115.9k | $14.53 |
7,980 SF · lease $21.96/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.66M
$1.45M – $1.93M
NOI $115,922 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.12M – $2.83M
NOI $169,913 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
New Teeth Dental ...
Dental Office
TexMAX® MaxiCourse®
Association / Organization
A-1 Dry Cleaners
(Bike/Boat/Book/etc) Store
Free Agent Sports
Association / Organization
Wright Bruce M ...
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Shopping center - 7,980 SF shopping center with diverse tenants.
Where is this shopping center located?
The property is located at 2750 W Main St League City, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Majority‑occupied by Guided Practice Solutions (New Teeth), a creditworthy anchor tenant.; Opportunity to assume Seller's existing loan at a desirable 4.50 percent interest rate.; Offered at a 7.20 percent cap rate.
