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Property profile & analytics
OFF-MARKET
Neighborhood centers

0 Delany Rd La Marque, TX 77568

176,500 SF
Property ID
Property summary
AI-generated overview

Gulfway Plaza, a 176,500 square foot, single-story retail and office center, offers exceptional visibility on I-45 Gulf Freeway at Delany Road. This prime location is directly adjacent to a new Amazon distribution center, ensuring high traffic and exposure. The property features a newly remodeled nine-space pylon sign with a large LED sign board, maximizing advertising potential. The open-concept design allows for flexible space configurations, with suites ranging from 714 to 25,000 contiguous square feet. Currently, there are 40 suites available, with eight spaces immediately available. The property boasts a strong tenant mix, including established businesses such as Dollar Tree, DaVita Dialysis, Armstrong McCall, Barcenas Mexican Grill, Boot Kikker's Bingo, College of the Mainland, Serious Tackle Equities, LLC, and Galveston Government Employees Credit Union. Recent exterior renovations, completed in 2006, encompass a 25,000 square foot section of the building, formerly occupied by a VF Outlet, further enhancing the property's appeal. The building underwent renovations in 2006. This is an excellent opportunity for businesses seeking high-traffic exposure and a strong tenant base in a rapidly developing area. Minimum divisible space is 714 square feet.

Property profile
Verified
Property type Neighborhood centers
Total area 176,500 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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