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1468 S Bypass 35 Hwy
Alvin, TX 77511

$6,262,000 USD

Storefront For Sale  •  15,032 SF

Property Details

• Property Type Storefront
• Total Building Size 15,032 SF
• Building Class B
• Year Built 2021
• Cap Rate 7.00 %
• Tenancy Multiple

0 Transit Score

19 Walk Score

Highlights

High-quality new construction in 2021.

Fully leased to tenants on long-term leases (WALT approximately 8 years).

Area retailers include Walmart Supercenter, Home Depot, Starbucks, Chick-fil-A, and Buc-ee's.

Alvin is just 30 miles south of Houston & 15 miles west of League City. Alvin has experienced annual population growth of 1.72% over the last 10 years

The site benefits from over 25k population and above average HH income of $81k within a 3 mile radius.

Alvin offers a robust employment base including; Alvin Independent School District (4,074 employees), Rice-Tec (1,166 employees), etc.

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Emmys Nails	2,444 SF	8/30/2030
Foul Play Restaurent	3,885 SF	9/30/2035
Happy Takos	1,907 SF	11/30/2035
Hot Worx	1,800 SF	8/30/2033
Millies Studio	1,696 SF
Muchie Lash & Brows	1,400 SF	10/31/2033
Office Suite	1,900 SF

Public Transportation

Airport	Drive	Walk	Distance
William P Hobby	29 min	-	15.8 mi