Shopping Strip
300 Texas Highway 332 E
300 TX-332, Lake Jackson, TX 77566
Listing Price: $5,997,000
Investment Overview
Marcus & Millichap is pleased to exclusively market for sale 300 Texas Highway 332, a 10,000-square-foot multi-tenant retail center located in Lake Jackson, Texas. The subject property is offered for $5,997,000, at a 6.50 percent cap rate.
This offering presents an opportunity for an investor to acquire a Class A, tilt-up strip center, anchored by four creditworthy national tenants on long-term NNN leases: PNC Bank recently executed a new 15-year lease commencing June 2025; Aspen Dental executed a new 10-year lease commencing September 2024; and Jersey Mike’s has a pending fresh 10-year lease.
The property is situated at the signalized intersection of TX-332 and TX-288 / Nolan Ryan Expressway, which together see approximately 50,000 vehicles per day. The property is an outparcel to Lowe’s and sits directly across from Brazos Mall, which draws 3.5 million annual visits, as well as Walmart, Home Depot, Best Buy, Target, Academy Sports + Outdoors, Hobby Lobby, Burlington, Dollar Tree, Chick-fil-A, Chili’s, and a deep lineup of national restaurant and service tenants. Lake Jackson serves as the retail and medical hub for Brazoria County. Average household incomes exceed $117,000 within three miles.
300 Texas Highway 332 E
Investment Highlights
- New, Long-Term Leases With Multiple National, Credit Tenants (PNC Bank, Aspen Dental, T-Mobile, and Jersey Mike's)
- Outparcel to Lowe's and Directly Across from Brazos Mall (3.5M Annual Visits)
- Dominant Retail Corridor: Neighbors With Walmart, Home Depot, Best Buy, Target, and Academy
- Located at Signalized Intersection of TX-332 and TX-288/Nolan Ryan Expressway, Which Sees Approximately 50,000 Vehicles Per Day
- Lake Jackson Serves as the Retail and Medical Hub for Brazoria County, With a Growing Population and Strong Household Incomes
Exclusively Listed By
Financing By
Listing Price: $5,997,000
Investment Highlights
- New, Long-Term Leases With Multiple National, Credit Tenants (PNC Bank, Aspen Dental, T-Mobile, and Jersey Mike's)
- Outparcel to Lowe's and Directly Across from Brazos Mall (3.5M Annual Visits)
- Dominant Retail Corridor: Neighbors With Walmart, Home Depot, Best Buy, Target, and Academy
- Located at Signalized Intersection of TX-332 and TX-288/Nolan Ryan Expressway, Which Sees Approximately 50,000 Vehicles Per Day
- Lake Jackson Serves as the Retail and Medical Hub for Brazoria County, With a Growing Population and Strong Household Incomes
Investment Overview
Marcus & Millichap is pleased to exclusively market for sale 300 Texas Highway 332, a 10,000-square-foot multi-tenant retail center located in Lake Jackson, Texas. The subject property is offered for $5,997,000, at a 6.50 percent cap rate. This offering presents an opportunity for an investor to acquire a Class A, tilt-up strip center, anchored by four creditworthy national tenants on long-term NNN leases: PNC Bank recently executed a new 15-year lease commencing June 2025; Aspen Dental executed a new 10-year lease commencing September 2024; and Jersey Mike’s has a pending fresh 10-year lease. The property is situated at the signalized intersection of TX-332 and TX-288 / Nolan Ryan Expressway, which together see approximately 50,000 vehicles per day. The property is an outparcel to Lowe’s and sits directly across from Brazos Mall, which draws 3.5 million annual visits, as well as Walmart, Home Depot, Best Buy, Target, Academy Sports + Outdoors, Hobby Lobby, Burlington, Dollar Tree, Chick-fil-A, Chili’s, and a deep lineup of national restaurant and service tenants. Lake Jackson serves as the retail and medical hub for Brazoria County. Average household incomes exceed $117,000 within three miles.
Exclusively Listed By
Financing By
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