Current Use by Public Records
- Nails By Yazmin / Nail Salon
- FADES FOR DAYS Barber & Beauty / Social Service Agency / Community Center
- Coloured by Ana / Hair Salon / Nail Salon
Property Details for 1438 Texas Ave
- Year built
- 1967
- Lot size
- 0.31 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a 10,000-square-foot shopping center in Texas City, Texas, boasting a prime location and strong tenant occupancy. The property, situated at 1438 Texas Ave, 77590, is a single-story, 1967-built structure with six individual units, all currently leased, resulting in 100% occupancy. The asking price is $829,000, translating to $82.90 per square foot. The 0.309-acre lot provides ample space, complemented by 25 parking spaces for customer convenience. The center is zoned for commercial use and benefits from high visibility due to its location across from petrochemical plants, ensuring a consistent flow of potential customers. The property's strong performance and strategic location make it an attractive investment for those seeking a stable, high-yield retail asset. Detailed financial information, including rent rolls and additional photos, is available upon request. The property features 10,000 square feet of net rentable space. This well-maintained shopping center presents a rare opportunity to acquire a fully occupied, income-generating property in a thriving Texas City commercial district.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Texas City
- County
- Galveston
- State
- Texas
- Longitude
- -94.9158
- Latitude
- 29.3842
