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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5900-5940 Broadway Ave Galveston, TX 77551

76,986 SF 4.94 ac lot Built 1961
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity presents 76,986 square feet of space within the Broadway Shopping Center, located at 5900-5940 Broadway Avenue J, Galveston, Texas, 77551. Situated on a 4.94-acre lot, this Class C property boasts 380 parking spaces, ensuring ample convenience for customers. Built in 1961 and renovated in 1989, the center comprises a single building with 11 suites. Currently, there are 18,296 square feet of vacant space available, with a maximum contiguous space of 9,896 square feet. The property is conveniently located near the intersection of Broadway Avenue and 59th Street in the NASA/Clear Lake submarket of Galveston County (APN: 7205-0000-0008-001). This established center offers a strong foundation for a variety of retail businesses, benefiting from its high visibility and established presence within the community. The significant available space presents a unique opportunity for expansion or new tenancy within a well-established shopping center. The property's size and location make it an ideal investment for businesses seeking a prominent presence in the Galveston market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1961
Total area 76,986 SF
Lot 4.94 ac (215,186 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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