Investment Overview

Marcus & Millichap is pleased to exclusively list for sale Brazos Lake Shopping Center, located at 6840 Highway 6 in Missouri City, Texas. Positioned on State Highway 6 with over 58,000 vehicles per day, this 9,920-square-foot retail center delivers a compelling opportunity in a high-growth retail corridor that continues to attract strong consumer demand and household spending power in the Southwest Houston metropolitan market. Brazos Lake Shopping Center is anchored by Excel Urgent Care, a multi-location healthcare provider, and also accommodates a highly reputable pawn shop. The third suite is master leased for three years from closing at an annual base rent of $24.00/SF + NNN (lowest rent in the center). The average household income exceeds $150,000 within a one-mile radius, and there is significant population growth projected through 2029, meaning the asset stands out for its demographically supported revenue potential. Therefore, there is a high probability of leasing the master leased suite at $24.00/SF + NNN (or more). The property’s multi-tenant configuration and strong location advantage place it within a vibrant retail ecosystem anchored by premier master-planned communities (Riverstone and Sienna Plantation) and regional shopping destinations. This creates a durable investment profile with resilient leasing fundamentals, excellent visibility, and strategic access for both local residents and commuters. Brazos Lake Shopping Center is offered at a price of $3,500,000 which represents a 7.08 percent cap rate. Overall, Brazos Lake Shopping Center represents a well-positioned retail asset that combines proven tenancy, attractive trade demographics, and solid highway frontage fundamentals, making it an attractive opportunity for investors targeting stable income and long-term value creation in the Houston-area retail market.