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    Bay City Retail Strip Center Title is generated by Realmo AI

    3420 7th St, Bay City, TX 77414

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    Fully leased retail center with diverse tenants in Bay City.

    Type:Retail
    Property size:
    5,825 SF
    Price / SF:
    $242/SF
    Added:
    Jan 29, 2026
    Days on Market:
    149
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 3420 7th St

    General Information

    Standard status
    Active
    Size
    5,825 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2003

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    Riley Sharman

    Listing office Northmarq Capital, LLC

    Listing date Jan 29, 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 Northmarq Capital, LLC

    HighLights

    • 100% Leased Retail Center with Diverse Tenant Mix (Verizon, Vape City, State Farm)
    • NNN Leases with 3.5+ Year Weighted Average Lease Term (WALTR)
    • Easily Managed with Only 3 Tenants
    • Staggered Lease Expirations Provide Hedge Against Inflation
    • No Remaining Lease Options Allowing for Rent Increases to Market Value
    • Three Suites of 1,900+ SF Each, Facilitating Easier Leasing

    Overview

    This is a fully leased retail center located at 3420 7th Street, Bay City, TX 77414. Constructed in 2003, the property is a 5,825 square foot strip center. It features three suites, each approximately 1,900+ square feet. The tenant mix includes Verizon, Vape City, and State Farm. The leases are NNN with a weighted average lease term remaining (WALTR) of 3.5+ years. The property offers a hedge against inflation, with staggered lease expirations over the next 3.5 years. The retail center consists of three 1,900+ SF suites, making leasing easier.

    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 $119.5k $20.52
    − Vacancy −$6.8k −$1.17
    EGI $112.7k $19.35
    − OpEx −$33.8k −$5.81
    NOI $78.9k $13.55
    5,825 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.13M
    $986.3K – $1.32M (±1% cap)
    NOI $78,901 @ 7.0% cap · market cap 5.58%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $65.31M
    $57.14M – $76.19M (±1% cap)
    NOI $4,571,481 @ 7.0% cap · market cap 323.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Verizon Mobile Phone Store MoneyGram Bank Vape City (Bike/Boat/Book/etc) Store Justin Rhodes - State ... Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bay City
    County
    Matagorda
    State
    Texas
    Longitude
    -95.94918
    Latitude
    28.982819

    FAQs

    What type of property is this?
    Strip mall - Fully leased retail center with diverse tenants in Bay City.
    Where is this strip mall located?
    The property is located at 3420 7th St Bay City, TX.
    What is the asking price?
    The asking price for this property is $1,413,000.
    What are key features of this property?
    This property features: 100% Leased Retail Center with Diverse Tenant Mix (Verizon, Vape City, State Farm); NNN Leases with 3.5+ Year Weighted Average Lease Term (WALTR); Easily Managed with Only 3 Tenants
    More about this property
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