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The Plaza at Amber Lane 2750 W Main St 7,980 SF 100% Leased Retail Building League City, TX 77573 $2,800,000 ($350.88/SF) 7.50% Cap Rate
Investment Highlights
- Majority-Occupied by Dental Practice Owned and Backed by Private Equity Guarantee
- Diversified Tenant Mix
- Strong Neighborhood and Commuter Location: West Main Street Sees Approximately 30,000 Vehicles Per Day
- Attractive Assumable Loan at 4.50 Percent For ~ 14 Years, Self-Amortizing
- High-Income Location: $133,000 Average Household Income Within One and Three Miles
Executive Summary
Marcus & Millichap is pleased to exclusively market for sale The Plaza at Amber Lane, a 7,980-square-foot shopping center, located at 2750 West Main Street in League City, Texas. The Plaza at Amber Lane is offered for $2,800,000, at a 7.5 percent cap rate.
This offering presents an opportunity for an investor to purchase a property that is majority-occupied by Guided Practice Solutions, a private equity conglomerate of 100+ dental practices nationwide, operating as New Teeth in the subject property. New Teeth occupies 66 percent of the property. The remaining tenancy includes Edward Jones, a dry cleaner drop-off location, and an office-user. An investor benefits by having the diversification of multiple tenants, while minimizing risk through a large, creditworthy anchor tenant. Also, an investor may assume Seller’s existing loan at a 4.50 percent interest rate.
The Plaza at Amber Lane is situated in an attractive location, featuring average household incomes of $133,000 within one and three miles. Its location on West Main Street benefits from serving as a neighborhood retail/medical center, while also serving commuters who live west of the subject property and drive past the retail center to access Interstate 45, located just east of the property. West Main Street sees approximately 30,000 vehicles per day. Nearby retailers include Walmart, Auto Zone, Pizza Hut, McDonalds, Wendy’s, and Amegy Bank.
This offering presents an opportunity for an investor to purchase a property that is majority-occupied by Guided Practice Solutions, a private equity conglomerate of 100+ dental practices nationwide, operating as New Teeth in the subject property. New Teeth occupies 66 percent of the property. The remaining tenancy includes Edward Jones, a dry cleaner drop-off location, and an office-user. An investor benefits by having the diversification of multiple tenants, while minimizing risk through a large, creditworthy anchor tenant. Also, an investor may assume Seller’s existing loan at a 4.50 percent interest rate.
The Plaza at Amber Lane is situated in an attractive location, featuring average household incomes of $133,000 within one and three miles. Its location on West Main Street benefits from serving as a neighborhood retail/medical center, while also serving commuters who live west of the subject property and drive past the retail center to access Interstate 45, located just east of the property. West Main Street sees approximately 30,000 vehicles per day. Nearby retailers include Walmart, Auto Zone, Pizza Hut, McDonalds, Wendy’s, and Amegy Bank.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
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$9.99
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Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,980 SF
Building Class
B
Year Built
2001
Price
$2,800,000
Price Per SF
$350.88
Cap Rate
7.50%
NOI
$210,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.81 AC
Zoning
C
Parking
48 Spaces (6.64 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
- -
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$9.99
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Lorem Ipsum
- -
Edward Jones began in 1922 when Edward D. Jones Sr. established the firm with a focus on treating clients fairly and offering appropriate, quality investments. The company developed a branch-office model that supports personalized conversations between financial advisors and individual investors, and the business serves clients across the United States and Canada. Edward Jones focuses on long-term investing, retirement planning, education savings, and insurance solutions for individuals and small businesses. The company emphasizes a relationship-based approach that centers on goal setting, portfolio guidance, and ongoing financial planning for clients seeking straightforward advice and long-term support.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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|
Finance and Insurance | - | $9.99 | Lorem Ipsum | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2961-0000-0000-002 | Improvements Assessment | $244,180 |
| Land Assessment | $968,820 | Total Assessment | $1,213,000 |
Property Taxes
Parcel Number
2961-0000-0000-002
Land Assessment
$968,820
Improvements Assessment
$244,180
Total Assessment
$1,213,000
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