1701 Fairway Dr Alvin, TX 77511
- Strip malls
- 67,723 SF
- 7.87 lot acres
Current Use by Public Records
- Planet Fitness / Spa / Tanning Salon
- Alvin Dental / Doctor
- La Michoacana Meat Market / Butcher Shop / Grocery Store
- Medic One Pharmacy / Pharmacy
- Dollar Smart / Dollar Store
Property Details for 1701 Fairway Dr
- Year built
- 1980
- Lot size
- 7.87 lot acres
- Property size
- 67,723 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 0161-0057-130
- APU
- 1610057130
Description
Invest in the Fairway Shopping Center, a prime retail property situated at the intersection of Hwy 35 South and Fairway in Brazoria County. This 91,360 square foot center boasts a strong national tenant presence, anchored by Planet Fitness, and surrounded by complementary businesses including Palais Royal, Rue 21, and Cici's Pizza. Currently, there are three suites available, with a significant 72,838 square feet of vacant space presenting a unique opportunity for expansion or new tenancy. The property sits on 8.52 acres of land and was built in 1983. Its strategic location offers exceptional visibility from Hwy 35, ensuring high traffic and customer exposure. The center also benefits from its proximity to Alvin Community College, providing a substantial customer base. Ample on-site parking and easy access in and out of the center further enhance its appeal. In addition to the retail space, warehouse space is also available for lease, adding to the property's versatility and investment potential. This is a rare opportunity to acquire a well-located retail center with significant upside potential in a growing market. The existing tenant mix provides a solid foundation for future growth and expansion.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alvin
- County
- Brazoria
- State
- Texas
- Longitude
- -95.2324
- Latitude
- 29.4064
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA