Stabilized Retail Strip
For Sale
$2,100,000
3316 Highway 365, Nederland, TX 77627
Fully occupied retail strip center with onsite parking and highway frontage across from a major mall.
Property SizeContact for details
Days on Market95
Property Features for 3316 Highway 365
General Information
Standard status
Active
Property subtype
Industrial
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listed By:
Dana Johnson
(409) 351-2103
Source:
Danajohnsonteam.idxbroker
Added: Jun 15
Changed: Sep 8
Last Checked: Sep 16 at 12:43PM
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 Dana Johnson
Investment Insights
Based on property information with market context.
Morgan’s Plaza is a fully stabilized retail strip center positioned for an operator or investor seeking a turnkey configuration. The property is 100% occupied by five established, long-term tenants, with existing income-producing tenancy in place. Onsite parking supports convenient customer access, and the center’s retail frontage is supported by strong street signage.
The strip center sits along Highway 365 and is directly across from Central Mall, placing it in an active retail corridor with visibility to passing traffic. The combination of highway exposure and a nearby shopping anchor helps keep the retail environment straightforward for tenant operations and customer orientation.
For prospective buyers, this offering provides a fully leased retail asset with maintained tenant occupancy and an established tenant mix across five long-term occupants. The center’s practical site layout, onsite parking, and prominent signage are designed to support day-to-day retail traffic flow, making it a solid fit for those looking for a stabilized retail property rather than ground-up leasing.
The strip center sits along Highway 365 and is directly across from Central Mall, placing it in an active retail corridor with visibility to passing traffic. The combination of highway exposure and a nearby shopping anchor helps keep the retail environment straightforward for tenant operations and customer orientation.
For prospective buyers, this offering provides a fully leased retail asset with maintained tenant occupancy and an established tenant mix across five long-term occupants. The center’s practical site layout, onsite parking, and prominent signage are designed to support day-to-day retail traffic flow, making it a solid fit for those looking for a stabilized retail property rather than ground-up leasing.
Key Highlights
- Fully occupied retail strip center with 100% occupancy
- Five long‑term tenants
- Positioned along Highway 365 with high‑traffic frontage
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
757k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Superstores 26%
Shops & Services 20%
Apparel 18%
Walmart
Superstores
118,442 visits/mo
0.5 miles
Target
Superstores
79,679 visits/mo
0.3 miles
T.J. Maxx
Apparel
47,709 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
43,469 visits/mo
0.4 miles
Ross Dress for Less
Apparel
37,881 visits/mo
0.3 miles
Demographics for 77627, TX
23,296
Population
9,970
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
13.2 sq mi
ZIP Area
1,765
Density / Sq Mi
$75,778
Median Household Income
$51,556
Median Earnings
$1,364
Median Rent
$201,200
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail strip center with onsite parking and highway frontage across from a major mall.
Where is this shopping center located?
The property is located at 3316 Highway 365 Nederland, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Fully occupied retail strip center with 100% occupancy; Five long‑term tenants; Positioned along Highway 365 with high‑traffic frontage
