406 Verhalen Rd Alvin, TX 77511
For Lease
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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