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Property profile & analytics
FOR LEASE
Grocery and convenience stores

406 Verhalen Rd Alvin, TX 77511

6,750 SF 0.66 ac lot Built 1976
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US82-2180752
406 Verhalen Rd, Alvin, TX 77511 For Lease
$1,100/Mo 1,125 SF available
406 Verhalen Rd, Alvin, TX 77511
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Property summary
AI-generated overview

Highly visible 1,125-square-foot retail space available for lease in Alvin, Texas. Located at 406 Verhalen Rd (corner of Mustang & Verhalen), this single-tenant unit is part of a three-suite, one-story building in a well-established shopping center. Built in 1976 and renovated in 2021, the metal-constructed building offers ample parking (15 spaces) and benefits from its location near Alvin Community College (enrollment exceeding 5,000 students) and major retailers, serving a growing population of over 26,000. The space is zoned commercial and is ideal for a variety of uses, including office space, beauty salon, nail salon, or other retail businesses. Suite C features 2 ½ restrooms and a completely open layout, providing flexibility for tenant build-out. The monthly rent is $1,100. The property is classified as Class B and is situated in the South East Houston submarket. This prime location offers excellent visibility and accessibility, making it an attractive opportunity for businesses seeking a strong presence in the Alvin market.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1976
Total area 6,750 SF
Lot 0.66 ac (28,577 SF)
APN 6730-0001-000
UPID US82-2180752
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
  • Picture Perfect Floors Carpet & Flooring Store Hardware & Home Improvement
  • Stop-N-Drive Food Mart No 1 Grocery & Convenience Store
  • Retro Vape (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Anderson barber shop Barber Shop
  • Luckys Books & Games (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Aqa Retails INC · 6 yrs held
Aqa Retails INC
since 2020
7 recorded transactions
2020
Price N/A
2019
Price N/A
2017
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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