1000-1008 Bay Area Blvd
Houston, TX 77058
Retail For Sale · Retail Property For Sale · 14,480 SF

HEB Center Bay Area Blvd., built in 1997, is a +/- 58,279 sf single-story neighborhood shopping center, composed of 5 buildings with excellent exposure to two of Clear Lake City's principal thoroughfares, Bay Area Boulevard and El Camino Real. A 5-tenant building including a Blockbuster store occupies the hard corner of the site, and a freestanding bank facility is located at the eastern most entrance on Bay Area Blvd. The balance of the center's lease space is in-line shop space located to the south of the HEB with end-cap space on El Camino Real. The center is 88.52% occupied and has 22 lease spaces, exclusive of the HEB building and 4 vacancies: one 2,100 sf space, two bays each 1,600 sf and a 1,390 sf space. Typical inline shop space bay depth is between 60 and 70 feet.

The center is anchored by a +/- 55,513 sf HEB grocery store (not a part of the sale). H. E. Butt Grocery Company is Texas' largest private company and the #1 food retailer in South and Central Texas, with more than 260 H-E-B supermarkets, including about 90 rural H-E-B Pantry stores, and several gourmet Central Markets. The cumulative property GLA, including the HEB anchor, is +/- 113,792 square feet.

HEB Center Bay Area Blvd. is located +/-20 miles southeast of the Houston CBD in a suburban community of Houston called Clear Lake City. Clear Lake City and the greater Clear Lake area are home to the NASA/Johnson Space Center complex, the Bayport Industrial Complex and the highest concentration of marinas and recreational boating in the state of Texas. HEB Center Bay Area Blvd. is located at the southeast corner of the intersection of Bay Area Blvd. and El Camino Real, one mile west of the University of Houston Clear Lake Campus, 1/2 mile west of NASA and +/- 2 miles east of the Gulf Freeway (I-45 South), one of Houston's principal radiating freeways extending from the CBD to the suburban areas of southeast Houston. Bay Area Blvd., in many places 6 lanes wide, is Clear Lake City's main commercial roadway and retail corridor, intersecting the Gulf Freeway and accessing Baybrook Mall, Clear Lake's super-regional mall, the number two-ranked mall in the Houston market behind the world famous Galleria. To the east of HEB Center Bay Area Blvd are upscale residential neighborhoods, NASA, the University of Houston Clear Lake and the Bayport Industrial complex. El Camino Real is one of Clear Lake City's principal north/south avenues and a significant retail and commercial corridor as well.