1300 Highway 6 Alvin, TX 77511
This exceptional 6,487 square foot shopping center in Alvin, Texas, presents a truly hands-off investment opportunity. Located on 1.27 acres at 1300 E Hwy 6, 77511, this Class A retail center boasts a prime location near the main intersection of the Alvin market, benefiting from explosive growth on the west side of Highway 35. Completely redeveloped in 2023, the property features a brand new roof, slab expansion, updated plumbing, electrical, and water lines. The building was essentially rebuilt down to the steel frame and reinforced, eliminating any deferred maintenance. The center is 100% occupied by two credit tenants, Aspen Dental and McAlister's Deli, each with a 10-year lease commencing in 2024. This NNN lease structure ensures minimal management responsibilities and long-term financial stability. The property's strong tenant mix, new construction, and prime location make it an ideal investment for those seeking a low-maintenance, high-return opportunity. The asking price is $4,200,000. This is a multi-tenant property built in 1999 and renovated extensively in 2023.
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Aspen Dental - Alvin, TX Dental Office
Cap rate
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Property description
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