Technical
Financial
Distress signals
Property profile

6430 Garth Rd Baytown, TX 77521

FOR LEASE
Grocery and convenience stores
Property ID
US83-1232267
116,317 SF 15.56 ac lot Built 2017
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail investment opportunity is located in a thriving Baytown, Texas, center anchored by an HEB grocery store. The property boasts a total of 96,162 square feet, currently featuring two available commercial suites. Suite sizes range from 5,000 to 13,420 square feet, offering flexibility for a variety of retail tenants. A significant 18,420 square feet is currently vacant, presenting a prime opportunity for expansion or new tenancy. The center enjoys a strategic location at the southeast corner of Garth Road and Hunt Road, benefiting from high visibility and convenient access. Baytown's robust economy is driven by major employers including ExxonMobil, Chevron Phillips, and Bayer, each with substantial facilities and large workforces in the area. These industrial giants, along with other significant employers such as Enterprise Product Partners, Targa Resources, and major distribution centers for Walmart and Home Depot, contribute to a strong and stable local economy, creating a high-demand market for retail spaces. This new construction property offers a unique chance to capitalize on the growth and potential of this dynamic area. The property is situated in Harris County, providing access to a large consumer base and excellent infrastructure. This is an ideal investment for those seeking a high-growth retail opportunity in a well-established and expanding market.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2017
Construction STEEL FRAME
Total area 116,317 SF
Lot 15.56 ac (677,789 SF)
APN 1378390010001
UPID US83-1232267

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
  • Grocery & Convenience Store Food Market
  • Bakery Specialty Food Shop
  • Gas Station
  • Take-out & Catering Grocery & Convenience Store
  • Physician

Location

6430 Garth Rd Baytown, TX 77521
Baytown metro Census 253202 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.32M
Blend (final) Blend
$10.08M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Industrial (general) $13.9M +136.1%
Medical building $11.8M +99.7%
Restaurant $8.8M +49.7%

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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