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1516 S Gordon St
Alvin, TX 77511
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • 3 long term tenants, great area, fully updated

EXECUTIVE SUMMARY

FOR SALE: Prime Commercial Property with Long-Term Tenants – Alvin, TX
?? Corner of S. Gordon St & Foster St | Alvin, TX 77511
?? Excellent Investment Opportunity | Fully Leased | High Visibility
Property Overview:
Take advantage of this rare opportunity to own a fully-leased commercial center in the heart of Alvin, Texas! Situated on a 15,577 sq ft lot, this 5,550 sq ft retail center features three established tenants with a strong history of occupancy. The property offers outstanding street exposure with frontage on both S. Gordon Street and Foster Street, along with abundant on-site parking—a key feature for tenant satisfaction and customer convenience.
Current Tenant Mix:
Medical Spa
Hair Salon
Boutique
All tenants operate under NNN (Triple Net) leases, minimizing landlord responsibilities and maximizing investment stability.
Key Highlights:
Building Size: 5,550 SF
Lot Size: 15,577 SF
Zoning: Commercial
Parking: Ample on-site parking
Frontage: High-visibility corner location
Lease Type: Triple Net (NNN)
Strong Surrounding Retail: Located near HEB, national fast-food chains, pharmacies, and medical clinics, driving consistent foot traffic and customer activity.
Investment Summary:
This property is ideal for an investor seeking a low-maintenance asset with a diverse tenant mix, stable income, and long-term upside. With two long-term leases in place and a boutique tenant offering flexibility for future rent increases or repositioning, this property presents a strategic and dependable investment in a growing market.
?? Contact us today to schedule a private tour or to request additional financials and lease information.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,550 SF
Building Class
C
Year Built
1981
Price
$1,300,000
Price Per SF
$234.23
Cap Rate
4.86%
NOI
$63,180
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,550 SF
Building FAR
0.27
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
N/A

AMENITIES

  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4145-0008-000
Land Assessment
$50,630
Improvements Assessment
$649,370
Total Assessment
$700,000
  • Listing ID: 35163421

  • Date on Market: 3/17/2025

  • Last Updated:

  • Address: 1516 S Gordon St, Alvin, TX 77511

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