Shopping Strip
Sealy Business Center
418 US-90, Sealy, TX 77474
Listing Price: $1,150,000
Investment Overview
Marcus & Millichap is pleased to exclusively list for sale Sealy Business Center, located at 418 Highway 90 W in Sealy, Texas. This 10,620 square feet retail center is situated on a 0.49-acre plot of land. Sealy Business Center provides investors with the opportunity to acquire a 100 percent economically occupied center at an 8.78 CAP rate. The diverse tenant mix and staggered lease expirations offer a healthy balance between security and value-add opportunity. A purchaser can add value and increase the NOI by self-managing the property and converting gross leases to triple net leases. Sealy Business Center is strategically located right off Highway 90 which exits Interstate 10 running parallel to it through town and back onto Interstate 10 providing excellent access to other major markets, such as Katy and Houston.
Exclusively Listed By
Financing By
Listing Price: $1,150,000
Investment Highlights
- 8.78 Percent CAP Rate | 10.35 Percent Cash-on-Cash Return
- 100 Percent Economically Occupied
- Upside Potential | Gross/Modified Gross Leases could be converted to NNN Leases
- Located off Highway 90 W
- $79,504 Average HH Income within a 5 Mile Radius
Investment Overview
Marcus & Millichap is pleased to exclusively list for sale Sealy Business Center, located at 418 Highway 90 W in Sealy, Texas. This 10,620 square feet retail center is situated on a 0.49-acre plot of land. Sealy Business Center provides investors with the opportunity to acquire a 100 percent economically occupied center at an 8.78 CAP rate. The diverse tenant mix and staggered lease expirations offer a healthy balance between security and value-add opportunity. A purchaser can add value and increase the NOI by self-managing the property and converting gross leases to triple net leases. Sealy Business Center is strategically located right off Highway 90 which exits Interstate 10 running parallel to it through town and back onto Interstate 10 providing excellent access to other major markets, such as Katy and Houston.
Exclusively Listed By
Financing By
