201 Velasco St Angleton, TX 77515
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High-Occupancy Shopping Center in Texas
Property size:
19,451 SFProperty Features for 201 Velasco St
General Information
- Property type
- Lifestyle centers
- Square Feet
- 19,451 SF
- Lot Size
- 24,394 SF
Building Details
- Year Built
- 1955
Listing Agency: Marcus & Millichap Houston Listing Agent: Justin Miller
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 19,451-square-foot shopping center, located at 201 N Velasco St in Angleton, Texas (77515), presents a compelling investment opportunity. The property, built in 1955, sits on a 0.56-acre lot and boasts a remarkable 98.59% occupancy rate across its 26 tenants. Its prime location at a signalized intersection offers excellent visibility and accessibility. The center is conveniently situated within walking distance of the Brazoria County Court House and the Angleton Chamber of Commerce, ensuring high foot traffic and a strong tenant base. The property features short-term gross leases, providing potential for future rental rate increases and upside. The consistent high occupancy rate (over 90% for more than a decade) demonstrates the property's enduring appeal and strong cash flow. This retail and professional property is offered at a price significantly below replacement cost, making it an attractive investment with substantial potential for return. The property includes ample parking. The property type is retail, specifically a shopping center, with multi-tenancy.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Stroud Randy L
Land Surveyor
Location Insight
- Map
- Local Demand
- City
- Angleton
- County
- Brazoria
- State
- Texas
- Longitude
- -95.4319681
- Latitude
- 29.1656338
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FAQs
What type of property is this?
Lifestyle center - High-Occupancy Shopping Center in Texas
Where is this lifestyle center located?
The property is located at 201 Velasco St Angleton, TX.
What are key features of this property?
This property features: 98% occupied retail and professional building with 19,451 square feet of leasable space.; High-visibility hard corner location at a signalized intersection on a 24,500 square foot lot with ample parking.; Excellent location within walking distance of the Brazoria County Courthouse and Angleton Chamber of Commerce.
