Technical
Financial
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Property profile

6300 Garth Rd Baytown, TX 77521

OFF-MARKET
Strip malls
Property ID
US83-1163764
22,709 SF 3.92 ac lot Built 2019
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This established Tune-Up "The Manly Salon" franchise is available for purchase in Baytown, Texas. Located at 6300 Garth Rd, this 1,800 square foot, Class A space boasts a prime location with high foot traffic due to its proximity to H-E-B and other popular retailers in a shopping center with ample parking. The salon features seven barber chairs, two pedicure stations, a bar, comfortable seating areas, and even a shuffleboard table, creating a unique "man cave" atmosphere. The business includes all furniture, fixtures, and equipment (FF&E) in the asking price of $256,000. Currently employing seven staff members, this successful franchise offers a comprehensive range of premium men's grooming services, including haircuts, beard trims, shaves, manicures, pedicures, and waxing, complemented by complimentary beer or cocktails for clients. The current lease, commencing May 1, 2020, has a remaining term of 2.5 years with two five-year renewal options, expiring May 31, 2027. The location benefits from excellent visibility and accessibility, situated on a major thoroughfare with convenient access to I-10, SH 146, and nearby residential areas. This presents a unique opportunity to own a profitable, established business in a high-traffic, desirable location within a well-known franchise system with 50 locations nationwide. The business is ideally positioned to capitalize on the strong local demographics and the high volume of vehicular traffic on Garth Rd, a bustling commercial corridor in Baytown. The association with reputable brands and the potential for collaborative events further enhance the business's appeal and growth potential.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2019
Construction METAL FRAME
Total area 22,709 SF
Lot 3.92 ac (170,716 SF)
APN 1440380010001
UPID US83-1163764

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Nail Salon
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Medical Clinic
  • Physician

Location

6300 Garth Rd Baytown, TX 77521-7668
Baytown metro Census 253202 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$768k
Blend (final) Blend
$610k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2018
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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