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Property profile & analytics
OFF-MARKET
Lifestyle centers

1300 Highway 6 Alvin, TX 77511

6,487 SF 1.27 ac lot Built 1999
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 1999
Total area 6,487 SF
Lot 1.27 ac (55,321 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
Current use
Occupant on record · Public records
  • Aspen Dental - Alvin, TX Dental Office
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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