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Alvin Shopping Center 1591 E Hwy 6 22,397 SF 100% Leased Retail Building Alvin, TX 77511 $6,352,650 ($283.64/SF)
Investment Highlights
- Prime Location in Alvin's Main Retail Node.
- Surrounded by the Highest Concentration of Popular Retailers and Restaurants
- Excellent Demographics
- National/ Regional Co-tenancy.
Executive Summary
Alvin Marketplace is a 22,405 square foot community shopping center featuring a lineup of ten national/regional retailers, service-oriented businesses, and restaurants. The Property is located at Alvin’s main retail node, making it one of the most visible and well-positioned retail centers in the city. The Property was built in 2001 and has retained almost half of its original tenants over its 25-year lifespan.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
22,397 SF
Building Class
B
Year Built
2001
Price
$6,352,650
Price Per SF
$283.64
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
2.25 AC
Zoning
0067
Parking
96 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
306’ on Tx-6 Hwy
Amenities
- Banking
- Freeway Visibility
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0227-0051-000 | Improvements Assessment | $3,997,000 |
| Land Assessment | $1,273,000 | Total Assessment | $5,270,000 |
Property Taxes
Parcel Number
0227-0051-000
Land Assessment
$1,273,000
Improvements Assessment
$3,997,000
Total Assessment
$5,270,000
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Contact the Sale Advisor
Alvin Shopping Center | 1591 E Hwy 6