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1809 1st St 3,400 SF 100% Leased Retail Building Galena Park, TX 77547 $1,100,000 ($323.53/SF) 6.61% Cap Rate



Investment Highlights
- Excellent Owner-User or Investment Opportunity
- Minutes from Houston Ship Channel
- High-Visibility Corner Location
- Surrounded by Residential & Industrial Development
- Full Frontage Ingress & Egress
Executive Summary
Positioned at the highly visible corner of Main Street and 1st Street, this freestanding retail property offers an exceptional opportunity for investors or owner-users seeking a well-located asset in the heart of Galena Park. Situated just one block from the signalized intersection of Clinton Drive and Main Street, the property benefits from strong local traffic, excellent accessibility, and close proximity to the Houston Ship Channel and surrounding industrial employment hubs.
The property consists of approximately 3,400 square feet of retail space on 10,000 square feet of land, featuring multiple storefronts, prominent street frontage, and ample on-site parking. Full ingress and egress access along Main Street provides convenient customer access, while the surrounding area continues to experience ongoing residential, commercial, and industrial growth.
Located minutes from major transportation corridors and one of the region's largest employment centers, this asset is ideally positioned to serve the daily needs of the surrounding workforce and residential population. Whether maintained as an income-producing investment or repositioned for future growth, this property presents a rare opportunity to acquire a highly visible retail center in an established Houston-area submarket.
The property consists of approximately 3,400 square feet of retail space on 10,000 square feet of land, featuring multiple storefronts, prominent street frontage, and ample on-site parking. Full ingress and egress access along Main Street provides convenient customer access, while the surrounding area continues to experience ongoing residential, commercial, and industrial growth.
Located minutes from major transportation corridors and one of the region's largest employment centers, this asset is ideally positioned to serve the daily needs of the surrounding workforce and residential population. Whether maintained as an income-producing investment or repositioned for future growth, this property presents a rare opportunity to acquire a highly visible retail center in an established Houston-area submarket.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,400 SF
Building Class
B
Year Built
2009
Price
$1,100,000
Price Per SF
$323.53
Cap Rate
6.61%
NOI
$72,710
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.23 AC
Zoning
None
Parking
20 Spaces (5.88 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0381080520007 | Improvements Assessment | $234,224 |
| Land Assessment | $100,000 | Total Assessment | $334,224 |
Property Taxes
Parcel Number
0381080520007
Land Assessment
$100,000
Improvements Assessment
$234,224
Total Assessment
$334,224
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1809 1st St
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