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Shopping Strip

Five Points Shopping Center

201 S Egret Bay Blvd, League City, TX 77573

Listing Price: $5,027,000

Cap Rate
6.59%
Gross SF
11,247
Rentable SF
11,247
Price/Gross SF
$446.96
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

Long-Term Income Stability
• Fully leased retail center with 100% occupancy
• Diversified lease expiration schedule reduces rollover risk
• Goodwill lease extends through December 2036, providing long-term income stability

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
  • 100% occupied neighborhood shopping center providing stable in-place cash flow
  • NNN lease structure allows for expense recoveries, helping reduce landlord operating exposure

Exclusively Listed By

Shopping Strip

Five Points Shopping Center

Listing Price: $5,027,000

Cap Rate
6.59%
Gross SF
11,247
Rentable SF
11,247
Price/Gross SF
$446.96
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
  • 100% occupied neighborhood shopping center providing stable in-place cash flow
  • 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 Long-Term Income Stability • Fully leased retail center with 100% occupancy • Diversified lease expiration schedule reduces rollover risk • Goodwill lease extends through December 2036, providing long-term income stability 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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