Shopping Strip
Seabrook Shopping Center
2100 E NASA Pkwy, Seabrook, TX 77586
Listing Price: $4,799,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Seabrook Shopping Center, a 24,700-square-foot shopping center, situated on 1.55 acres. The property is located at 2100 East Nasa Parkway in Seabrook, Texas, seeing traffic counts of over 19,000 vehicles per day. Its location, in the Kemah submarket, benefits from being surrounded by a population of nearly 110,000 people, within a five-mile radius.
The subject property boasts 100 percent occupancy at affordable, below-market rents. Seabrook Shopping Center is offered for sale at a price of $4,799,000, at a 7.53 percent day one cap rate. An investor may increase the net operating income and add value to the property by raising below-market rents.
Seabrook Shopping Center
Investment Highlights
- Prime Location: The property is positioned along East NASA Parkway, seeing over 19,000 vehicles per day.
- Stabilized Property: This fully occupied center has a diverse tenant mix, including a gym, restaurant, and boutique.
- Upside Potential: The property features affordable, below-market rents, allowing for further rent increases during ownership period.
- Close Proximity to National Retailers and Theme Park: Located near Kemah Boardwalk, Space Center Houston, Bealls, Taco Bell, Pizza Hut, Spring Hill Suites, O'Reilly Auto Parts, and more.
Exclusively Listed By
Financing By
Listing Price: $4,799,000
Investment Highlights
- Prime Location: The property is positioned along East NASA Parkway, seeing over 19,000 vehicles per day.
- Stabilized Property: This fully occupied center has a diverse tenant mix, including a gym, restaurant, and boutique.
- Upside Potential: The property features affordable, below-market rents, allowing for further rent increases during ownership period.
- Close Proximity to National Retailers and Theme Park: Located near Kemah Boardwalk, Space Center Houston, Bealls, Taco Bell, Pizza Hut, Spring Hill Suites, O'Reilly Auto Parts, and more.
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale Seabrook Shopping Center, a 24,700-square-foot shopping center, situated on 1.55 acres. The property is located at 2100 East Nasa Parkway in Seabrook, Texas, seeing traffic counts of over 19,000 vehicles per day. Its location, in the Kemah submarket, benefits from being surrounded by a population of nearly 110,000 people, within a five-mile radius. The subject property boasts 100 percent occupancy at affordable, below-market rents. Seabrook Shopping Center is offered for sale at a price of $4,799,000, at a 7.53 percent day one cap rate. An investor may increase the net operating income and add value to the property by raising below-market rents.
Exclusively Listed By
Financing By
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