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

Property Facts
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
| Parcel Number | 4892-0000-0003-000 | Improvements Assessment | $13,670,930 |
| Land Assessment | $1,704,070 | Total Assessment | $15,375,000 |
Property Taxes
Listing ID: 15547462
Date on Market: 3/26/2019
Last Updated:
Address: 9300 Emmett F Lowry Expy, Texas City, TX 77591
The Retail Property at 9300 Emmett F Lowry Expy, Texas City, TX 77591 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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