Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a 23,084-square-foot, multi-tenant retail center located in Bay City, Texas. Bay City Shopping Center is currently 100 percent leased, and all leases are triple-net. Anchored by Hibbett Sporting Goods and CATO, the tenant base is a complementary mix of internet-resistant, service-oriented businesses, including AT&T, Yamato Hibachi & Sushi, The Cash Store, Sally's Beauty Supply, Luxury Nails, and Subway. Constructed in 2008, the property is situated on a 2.81-acre parcel with ample concrete parking. Bay City Center is located on 7th Street (State Highway 35) near the signalized intersection with Sargent Drive. Traffic counts in front of the property exceed 21,767 vehicles per day. Bay City Shopping Center is shadow-anchored by Walmart Supercenter and near other national and regional retailers, including Pizza Hut, H&R Block, Tractor Supply Co., Rent-A-Center, Ace Hardware, Burkes Outlet, Chili's, Family Dollar, Dairy Queen, T-Mobile, Starbucks, Verizon, The First State Bank, H-E-B grocery store, Aaron's, Dollar Tree, Little Caesars Pizza, Jack in the Box, EZ Pawn, Napa Auto Parts, AutoZone, McDonald's, O'Reilly Auto Parts, and many more. The subject property is in close proximity to multiple national hotel chains, including Holiday Inn, La Quinta, Candlewood Suites, and Comfort Inn, providing additional traffic to the area. The average household income is $78,090 within one mile; $72,664 within three miles; and $71,673 within five miles.