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Baytown Shops Phase I 6300 Garth Rd 21,029 SF 100% Leased Retail Building Baytown, TX 77521 For Sale
Investment Highlights
- H-E-B Shadow Anchored
- Located Among an Expanding Residential Base in the Baytown Submarket
- Located in Baytown's Major Retail Corridor
- New Construction with Robust Contractual NOI Growth
- High Performing Center with 3.4M+ Annual Visits
Executive Summary
JLL is pleased to present Baytown Shops Phase I (“the property”) located at the bustling intersection of Garth Road and Hunt Road in Baytown, Texas.
This unique opportunity offers a newly constructed, high-performing retail asset shadow anchored by H-E-B with robust contractual NOI growth. Set within Baytown's major retail corridor, this property benefits from incredible foot traffic with over 2.4 million annual visits and only one other H-E-B location within a 10-mile radius, ensuring its relevance and continued growth within a high-traffic retail thoroughfare.
The property boasts a comprehensive mix of tenants including medical, food and beverage, and consumer services. This in-place occupancy assures stable cash flows with a weighted average tenure of 5.2 years and an average remaining lease term of 3.4 years. Baytown Shops presents the opportunity to purchase a Class-A strip center with robust contractual growth, shadowed by Texas’ leading grocer.
This unique opportunity offers a newly constructed, high-performing retail asset shadow anchored by H-E-B with robust contractual NOI growth. Set within Baytown's major retail corridor, this property benefits from incredible foot traffic with over 2.4 million annual visits and only one other H-E-B location within a 10-mile radius, ensuring its relevance and continued growth within a high-traffic retail thoroughfare.
The property boasts a comprehensive mix of tenants including medical, food and beverage, and consumer services. This in-place occupancy assures stable cash flows with a weighted average tenure of 5.2 years and an average remaining lease term of 3.4 years. Baytown Shops presents the opportunity to purchase a Class-A strip center with robust contractual growth, shadowed by Texas’ leading grocer.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
21,029 SF
Building Class
B
Year Built
2018
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
3.92 AC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Fashio Nail Spa
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Sushi Haya
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Fashio Nail Spa | Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Sushi Haya | Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1440380010001 | Improvements Assessment | $4,470,738 |
| Land Assessment | $1,333,328 | Total Assessment | $5,804,066 |
Property Taxes
Parcel Number
1440380010001
Land Assessment
$1,333,328
Improvements Assessment
$4,470,738
Total Assessment
$5,804,066
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Baytown Shops Phase I | 6300 Garth Rd
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