1120 Grand Oak Blvd League City, TX 77573

This exceptional investment opportunity presents a 15,000 square foot, Class A mixed-use property in League City, Texas. The stabilized investment boasts two buildings on 1.65 acres, featuring 4 units with 83% occupancy as of February 1, 2024. The property, built in 2023, offers a Net Operating Income (NOI) of $446,988, resulting in a 7.45% capitalization rate. Located at 1120 Grand Oak Blvd, in Galveston County, zip code 77573, this prime retail space is situated in a high-traffic area with over 120,000 cars passing daily. The property benefits from its location within the Grand Oak Village development, offering strong co-tenancy and excellent visibility. The General Commercial zoning allows for flexibility, and the property's location near I-45 ensures easy accessibility. The asking price is $6,000,000, representing a price per square foot of $400. This is a compelling opportunity to acquire a high-performing asset in a rapidly growing market. The property's strong performance and location make it an attractive investment for discerning buyers. The average household income in the area is substantial, supporting a robust customer base. The site benefits from off-site detention and landscaping improvements by TxDOT, enhancing its curb appeal. This is a rare chance to acquire a well-positioned, high-performing asset in a thriving Texas market.