Liquor Storefront
For Sale
Contact for pricing
7930 HWY 6, Hitchcock, TX 77563
Currently configured for liquor retail use with frontage along Highway 6.
Property Size2,136 SF
Price / SF$280.90
Days on Market48
Property Features for 7930 HWY 6
General Information
Standard status
Active
Size
2,136 SF
Property subtype
Retail
Additional Details
Asking Price
$600,000
Highway Access
Yes
Building Details
Year Built
1965
Stories
1
Units
1
Listing Agency:
Land & Luxe Realty
(713) 721-5555
Listed By:
Jincy Jose · License #686782
Source:
Crexi
Added: Jul 14
Changed: Aug 30
Last Checked: Aug 30 at 9:31AM
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 Land & Luxe Realty
Investment Insights
Based on property information with market context.
This 2,136-square-foot storefront property at 7930 Highway 6 is currently arranged for liquor retail use. The building was constructed in 1965 and offers a defined commercial setting for an operator seeking an existing retail configuration.
The property is located in Hitchcock along Highway 6, providing direct corridor frontage and a recognizable address for customer-oriented retail operations.
The property is located in Hitchcock along Highway 6, providing direct corridor frontage and a recognizable address for customer-oriented retail operations.
Key Highlights
- 2,136‑square‑foot storefront property
- Currently configured for liquor retail use
- Frontage along Highway 6
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,763
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$575,260
$575.3K
Cap Rate 7%
$410,900
$410.9K
Cap Rate 9%
$319,589
$319.6K
Market Conditions
NOI Build-Up for 2,136 SF
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.
Gross rent
$43.6K $20.40/SF
− Vacancy
−$2.5K −$1.16/SF
EGI
$41.1K $19.24/SF
− OpEx
−$12.3K −$5.77/SF
NOI
$28.8K $13.47/SF
Area
Galveston County, TX
Vacancy
5.70%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$575,260
Cap Rate 7%
$410,900
Cap Rate 9%
$319,589
Alternative Uses
Best Use
Retail
$410.9K
$359.5K – $479.4K
NOI $28,763 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$23.95M
$20.95M – $27.94M
NOI $1,676,340 @ 7.0% cap · market cap 279.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 38%
Electronics 10%
Jack in the Box
Dining
7,498 visits/mo
0.1 miles
Dollar Tree
Shops & Services
6,451 visits/mo
0.1 miles
Family Dollar
Shops & Services
3,988 visits/mo
0.1 miles
Cricket Wireless Authorized Retailer
Electronics
2,040 visits/mo
0.1 miles
Demographics for 77563, TX
9,778
Population
4,769
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
88%
High-School Grad
44.2 sq mi
ZIP Area
221
Density / Sq Mi
$80,199
Median Household Income
$50,307
Median Earnings
$1,405
Median Rent
$198,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Currently configured for liquor retail use with frontage along Highway 6.
Where is this storefront property located?
The property is located at 7930 HWY 6 Hitchcock, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2,136‑square‑foot storefront property; Currently configured for liquor retail use; Frontage along Highway 6
