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Cedar Bayou Shopping Center 1017 Bayou Rd 14,900 SF 100% Leased Retail Building La Marque, TX 77568 $850,000 ($57.05/SF)
INVESTMENT HIGHLIGHTS
- Large Shopping Center 100% occupied with stable long terms tenants
- Highly visibility Center with Plenty of Parking spaces
- 1 of 3 line up shopping center with government offices
EXECUTIVE SUMMARY
Located in the heart of La Marque, this center is a popular destination situated next to the city offices. The center benefits from limited competition. Serving over 33,000 residents within 3 miles, this center enjoys loyal consumers in this solid community, locate in popular Gulf Coast, expansion 45 Freeway
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$82,200
|
$5.52
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$82,200
|
$5.52
|
| Taxes |
$27,500
|
$1.85
|
| Operating Expenses |
$4,900
|
$0.33
|
| Total Expenses |
$32,400
|
$2.17
|
| Net Operating Income |
$49,800
|
$3.34
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $82,200 |
| Annual Per SF | $5.52 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $82,200 |
| Annual Per SF | $5.52 |
| Taxes | |
|---|---|
| Annual | $27,500 |
| Annual Per SF | $1.85 |
| Operating Expenses | |
|---|---|
| Annual | $4,900 |
| Annual Per SF | $0.33 |
| Total Expenses | |
|---|---|
| Annual | $32,400 |
| Annual Per SF | $2.17 |
| Net Operating Income | |
|---|---|
| Annual | $49,800 |
| Annual Per SF | $3.34 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,900 SF
Building Class
C
Year Built/Renovated
1965/2020
Price
$850,000
Price Per SF
$57.05
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
1.16 AC
Opportunity Zone
Yes
Parking
64 Spaces (4.3 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Iglesia Jesus Church
- Administrative and Support Services
- 2,000 SF
- -
- Plus Electric
- Jun 2029
- Yaris Party Hall Ste B
- Arts, Entertainment, and Recreation
- 4,400 SF
- -
- Plus Electric
- -
- Yaris Party Hall Ste C
- Arts, Entertainment, and Recreation
- 8,500 SF
- -
- Plus Electric
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Iglesia Jesus Church | Administrative and Support Services | 2,000 SF | - | Plus Electric | Jun 2029 | |
| Yaris Party Hall Ste B | Arts, Entertainment, and Recreation | 4,400 SF | - | Plus Electric | - | |
| Yaris Party Hall Ste C | Arts, Entertainment, and Recreation | 8,500 SF | - | Plus Electric | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2775-0004-0900-002 | Total Assessment | $950,000 (2025) |
| Land Assessment | $32,070 (2025) | Annual Taxes | $27,500 ($1.85/SF) |
| Improvements Assessment | $917,930 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
2775-0004-0900-002
Land Assessment
$32,070 (2025)
Improvements Assessment
$917,930 (2025)
Total Assessment
$950,000 (2025)
Annual Taxes
$27,500 ($1.85/SF)
Tax Year
2024
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Cedar Bayou Shopping Center | 1017 Bayou Rd
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