Log In/Sign Up
Your email has been sent.
1468 S Bypass 35 Hwy
Alvin, TX 77511
Alvin Plaza - Alvin TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High-quality new construction in 2021.
- Area retailers include Walmart Supercenter, Home Depot, Starbucks, Chick-fil-A, and Buc-ee's.
- The site benefits from over 25k population and above average HH income of $81k within a 3 mile radius.
- Fully leased to tenants on long-term leases (WALT approximately 8 years).
- Alvin is just 30 miles south of Houston & 15 miles west of League City. Alvin has experienced annual population growth of 1.72% over the last 10 years
- Alvin offers a robust employment base including; Alvin Independent School District (4,074 employees), Rice-Tec (1,166 employees), etc.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 15,032 SF Alvin Plaza, located at 1468 S Bypass 35 Highway in Alvin, TX. This offering features a high-quality, newly constructed retail center delivered in 2021 and fully leased to a diverse mix of tenants on long-term agreements, with a weighted average lease term of approximately 8 years.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,032 SF
Building Class
B
Year Built
2021
Price
$6,262,000
Price Per SF
$416.58
Cap Rate
7%
NOI
$438,349
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Zoning
None
Frontage
96’ on NEC I-35 S
PROPERTY TAXES
| Parcel Number | 0421-0022-000 | Improvements Assessment | $2,968,930 |
| Land Assessment | $476,290 | Total Assessment | $3,445,220 |
PROPERTY TAXES
Parcel Number
0421-0022-000
Land Assessment
$476,290
Improvements Assessment
$2,968,930
Total Assessment
$3,445,220
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
