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9300 Emmett F Lowry Expy
Texas City, TX 77591
Mainland Crossing · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
120,669 SF
Building Class
C
Year Built
1991
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
19.56 AC
Zoning
General Commercial

About 9300 EMMETT F LOWRY EXPY , TEXAS CITY, TX 77591

• Desirable Value-Add Opportunity: With a current occupancy of 42.70%, immediate revenue growth is available with the lease-up of the available 77,588 square feet. • Below Market Assumable Debt: The current assumable loan on the property provides an investor with a below market rate of 4.66% which is not achievable in today’s interest rate environment. Please see page 10 of the OM for details. • Excellent Location in Texas City with High Traffic Counts • Priced Below Replacement Cost: Mainland Crossing presents a compelling opportunity to acquire a retail asset at $65.31 per square foot which is well below replacement cost.

Property Taxes

Property Taxes

Parcel Number
4892-0000-0003-000
Land Assessment
$1,704,070
Improvements Assessment
$13,670,930
Total Assessment
$15,375,000
  • Listing ID: 15547462

  • Date on Market: 3/26/2019

  • Last Updated:

  • Address: 9300 Emmett F Lowry Expy, Texas City, TX 77591

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