Investment Overview

Mainland Crossing is a 100 percent leased, 129,679-square-foot community retail center serving a dense population in Texas City, Texas. The center's diverse tenant mix comprised of retail, medical, and government tenants is poised to complement a wide variety of businesses and draw customers from this tourism-heavy city. Anchored by a new five-year with Vettrus Supply, other major tenants include UTMB Family Health, Reality of Wrestling, Raising Stars Academy, US Department of Veterans Affairs, Luna's Mexican Restaurant, and Rainbow. Current leases are a mix of gross and modified gross terms, providing future upside potential in converting leases to triple-net. The building sits on a large 19.56-acre parcel with ample paved parking. The subject property is prominently located on the Emmett F Lowry Expressway near the Interstate 45 interchange, at the threshold of Southeast Texas’ most popular tourism hubs. Traffic drivers such as Galveston Beach, Space Center Houston, and the Kemah Boardwalk are all within 14 miles of the center, contributing to the nearly 50,000 vehicles that pass by each day. In addition to tourism, the area has a large student population from College of the Mainland and a vibrant professional community from the adjacent Mainland City Centre, a family entertainment and lifestyle destination featuring the country's largest World Gym, 33 fully-furnished executive suites, educational facilities, restaurants and Texas Entertainment Xperience (TEX).