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Shopping Strip

Five Points Shopping Center

201 S Egret Bay Blvd, League City, TX 77573

Listing Price: $4,900,000

Cap Rate
6.09%
Gross SF
11,247
Rentable SF
11,247
Price/Gross SF
$435.67
Lot Size
1.22 acres
Year Built
1996

Investment Overview

Strong Tenant Mix Anchored by Frost Bank
• Anchored by Frost Bank, one of the largest Texas-based banking institutions
• Complementary tenant lineup includes Goodwill, Flawless Diamonds, and Pauline’s
Donuts, generating consistent consumer traffic throughout the center
• Goodwill lease extends through December 2036, providing long-term income stability

Value-Add Opportunity Through Lease-Up
• Approximately 1,231 SF currently vacant, presenting investors with an opportunity to
increase occupancy and grow NOI through lease-up initiatives
• Strong neighborhood retail fundamentals support continued tenant demand within the
submarket

Affluent League City Demographics & Houston MSA Growth
• Located within the rapidly growing Houston MSA, the fifth-largest metropolitan area in
the United States with more than 7.6 million residents
• Affluent surrounding demographics include average household incomes exceeding
$123,000 within a 5-mile radius
• The surrounding 5-mile trade area includes nearly 194,000 residents and approximately
198,700 daytime employees supporting daily retail demand
• Proximity to major employment drivers including NASA Johnson Space Center, Lockheed
Martin, HCA Healthcare, and University of Houston-Clear Lake supports long-term
economic stability and consumer spending.

Investment Highlights

  • Multi-tenant rent roll provides diversified income from a mix of financial, retail, food service, and nonprofit tenants
  • The Property currently maintains approximately 89% occupancy with additional upside through lease-up of the remaining vacant suite
  • NNN lease structure allows for expense recoveries, helping reduce landlord operating exposure

Exclusively Listed By

Shopping Strip

Five Points Shopping Center

Listing Price: $4,900,000

Cap Rate
6.09%
Gross SF
11,247
Rentable SF
11,247
Price/Gross SF
$435.67
Lot Size
1.22 acres
Year Built
1996

Investment Highlights

  • Multi-tenant rent roll provides diversified income from a mix of financial, retail, food service, and nonprofit tenants
  • The Property currently maintains approximately 89% occupancy with additional upside through lease-up of the remaining vacant suite
  • NNN lease structure allows for expense recoveries, helping reduce landlord operating exposure

Investment Overview

Strong Tenant Mix Anchored by Frost Bank • Anchored by Frost Bank, one of the largest Texas-based banking institutions • Complementary tenant lineup includes Goodwill, Flawless Diamonds, and Pauline’s Donuts, generating consistent consumer traffic throughout the center • Goodwill lease extends through December 2036, providing long-term income stability Value-Add Opportunity Through Lease-Up • Approximately 1,231 SF currently vacant, presenting investors with an opportunity to increase occupancy and grow NOI through lease-up initiatives • Strong neighborhood retail fundamentals support continued tenant demand within the submarket Affluent League City Demographics & Houston MSA Growth • Located within the rapidly growing Houston MSA, the fifth-largest metropolitan area in the United States with more than 7.6 million residents • Affluent surrounding demographics include average household incomes exceeding $123,000 within a 5-mile radius • The surrounding 5-mile trade area includes nearly 194,000 residents and approximately 198,700 daytime employees supporting daily retail demand • Proximity to major employment drivers including NASA Johnson Space Center, Lockheed Martin, HCA Healthcare, and University of Houston-Clear Lake supports long-term economic stability and consumer spending.

Exclusively Listed By

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