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Harbor Square - Starbucks/Jimmy Johns 102 22nd St 3,222 SF 100% Leased Retail Building Galveston, TX 77550 $3,200,000 ($993.17/SF)
Investment Highlights
- Across street from cruise ship terminal
- Income-producing parking lot
- Heavy foot traffic
Executive Summary
Prime net-leased investment opportunity featuring two separate freestanding buildings occupied by Starbucks and Jimmy John's, two nationally recognized brands with strong customer traffic and established market presence directly across the street from the Galveston Cruise Terminals.
The offering includes an adjacent parking lot with 49 total spaces, providing ample parking for tenants and visitors. Of these spaces, 10 are dedicated to Starbucks, 12 are dedicated to Jimmy John’s, and 27 serve as transient parking, creating additional convenience and flexibility for customers. The property also features two Blink EV charging stations, enhancing its appeal to a growing segment of electric vehicle drivers and supporting future-focused infrastructure.
Strategically positioned and anchored by creditworthy national tenants, this asset offers investors the benefits of established occupancy, reliable income potential, and strong visibility. The combination of high-profile tenants, dedicated parking, EV charging amenities, and a desirable commercial location makes this a compelling addition to an investment portfolio.
The offering includes an adjacent parking lot with 49 total spaces, providing ample parking for tenants and visitors. Of these spaces, 10 are dedicated to Starbucks, 12 are dedicated to Jimmy John’s, and 27 serve as transient parking, creating additional convenience and flexibility for customers. The property also features two Blink EV charging stations, enhancing its appeal to a growing segment of electric vehicle drivers and supporting future-focused infrastructure.
Strategically positioned and anchored by creditworthy national tenants, this asset offers investors the benefits of established occupancy, reliable income potential, and strong visibility. The combination of high-profile tenants, dedicated parking, EV charging amenities, and a desirable commercial location makes this a compelling addition to an investment portfolio.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,222 SF
Building Class
B
Year Built/Renovated
2004/2012
Price
$3,200,000
Price Per SF
$993.17
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.50 AC
Zoning
Commercial
Parking
49 Spaces (15.21 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Car Charging Station
Moderately walkable
70/100
Exceptionally drivable
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3505-0681-0001-000 | Improvements Assessment | $743,810 |
| Land Assessment | $623,190 | Total Assessment | $1,367,000 |
Property Taxes
Parcel Number
3505-0681-0001-000
Land Assessment
$623,190
Improvements Assessment
$743,810
Total Assessment
$1,367,000
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Harbor Square - Starbucks/Jimmy Johns | 102 22nd St
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