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Shopping Strip

Deer Park Plaza

1609 Center St, Deer Park, TX 77536

Listing Price: $3,380,546

Cap Rate
7.46%
Gross SF
15,600
Rentable SF
15,000
Price/Gross SF
$216.70
Lot Size
1.09 acres
Year Built
1974

Investment Overview

Marcus & Millichap is pleased to present a unique opportunity to acquire a fully occupied business/service center located at 1609 Center Street located in the heart of Deer Park. The 15,000 square foot property is situated on 47,398 square feet of land. The building was originally constructed in 1974 and has since been renovated in 2021 with the addition of a new roof in 2019.

Investment Highlights

  • 100 Percent Occupied: Fully occupied service center.
  • Located off Center Street with exposure to over 17,000 Per Day.
  • Strong Tenant Mix with 75 Percent on NNN Leases providing upside potential.
  • 3 Mile Demographics: Population - 69,962; AHHI - $84,997
  • Parking for 66 vehicles, complemented by additional parking at the rear for tenants.

Exclusively Listed By

Financing By

Shopping Strip

Deer Park Plaza

Listing Price: $3,380,546

Cap Rate
7.46%
Gross SF
15,600
Rentable SF
15,000
Price/Gross SF
$216.70
Lot Size
1.09 acres
Year Built
1974

Investment Highlights

  • 100 Percent Occupied: Fully occupied service center.
  • Located off Center Street with exposure to over 17,000 Per Day.
  • Strong Tenant Mix with 75 Percent on NNN Leases providing upside potential.
  • 3 Mile Demographics: Population - 69,962; AHHI - $84,997
  • Parking for 66 vehicles, complemented by additional parking at the rear for tenants.

Investment Overview

Marcus & Millichap is pleased to present a unique opportunity to acquire a fully occupied business/service center located at 1609 Center Street located in the heart of Deer Park. The 15,000 square foot property is situated on 47,398 square feet of land. The building was originally constructed in 1974 and has since been renovated in 2021 with the addition of a new roof in 2019.

Exclusively Listed By

Financing By

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