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Garth Road Shopping Center 3000-3010 Garth Rd

4,800 SF 75% Leased Retail Building Baytown, TX 77521 £1,024,911 (£214/SF) 8.01% Net Initial Yield

Investment Highlights

  • Multiple Access Points
  • NNN Tenants: 100 Percent Reimbursable Expenses
  • Easy Access to North Highway 146
  • Hard Corner
  • Option to Assume Loan at 5.875 Interest Rate

Executive Summary

• Multiple Access Points
• Hard Corner
• NNN Tenants: 100 Percent Reimbursable Expenses
• Option to Assume Loan at 5.875 Interest Rate
• Easy Access to North Highway 146

Data Room Click Here to Access

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2022) 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
Building Size
4,800 SF
Building Class
C
Year Built/Renovated
1970/2019
Price
£1,024,911
Price Per SF
£214
Net Initial Yield
8.01%
NOI
£82,078
Percent Leased
75%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.19
Land Acres
0.57 AC
Parking
51 Spaces (10.63 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Laura's Great Cuts
  • Service type
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Laura's Great Cuts Service type - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 1,200 SF
  • Retail
  • In-Line
  • Now

Property Description Discover a prime leasing opportunity at this versatile property strategically located for high visibility. The property offers convenient accessibility for both customers and employees, while boasting a well-maintained, spacious interior. With a customizable layout to suit various business needs, businesses have the flexibility to shape the space to their requirements. Additionally, the property provides ample parking for both customers and employees, along with modern amenities for business comfort. This property presents a prime opportunity for businesses looking to establish or expand their presence in Baytown, offering a versatile space in an ideal location for fostering business growth and success. Location Description The area surrounding Garth Lane Center presents an exciting opportunity for retail and street retail tenants. Nearby points of interest such as San Jacinto Mall and the Baytown Plaza offer a diverse selection of shopping and dining options, attracting a steady flow of local residents and visitors. The strong community spirit and accessibility to major roadways ensure a consistent flow of potential customers for retail businesses. Additionally, the presence of well-established local businesses and national retailers adds to the area's vibrancy, making it an attractive location for retail and street retail endeavors. Embrace the chance to lease space in this dynamic environment and position your business for success in the bustling Houston market.

Space Size Space Use Position Available
Ground 1,200 SF Retail In-Line Now

Ground

Size
1,200 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 1,200 SF
Space Use Retail
Position In-Line
Available Now

Property Description Discover a prime leasing opportunity at this versatile property strategically located for high visibility. The property offers convenient accessibility for both customers and employees, while boasting a well-maintained, spacious interior. With a customizable layout to suit various business needs, businesses have the flexibility to shape the space to their requirements. Additionally, the property provides ample parking for both customers and employees, along with modern amenities for business comfort. This property presents a prime opportunity for businesses looking to establish or expand their presence in Baytown, offering a versatile space in an ideal location for fostering business growth and success. Location Description The area surrounding Garth Lane Center presents an exciting opportunity for retail and street retail tenants. Nearby points of interest such as San Jacinto Mall and the Baytown Plaza offer a diverse selection of shopping and dining options, attracting a steady flow of local residents and visitors. The strong community spirit and accessibility to major roadways ensure a consistent flow of potential customers for retail businesses. Additionally, the presence of well-established local businesses and national retailers adds to the area's vibrancy, making it an attractive location for retail and street retail endeavors. Embrace the chance to lease space in this dynamic environment and position your business for success in the bustling Houston market.

Nearby Major Retailers

Buddy's Home Furnishings
Taco Bueno
Frost Bank
24 Hour Fitness
Amegy Bank
La Michoacana Meat Market
The YMCA
Bank of America
Rent-A-Center
H-E-B Foods

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0451440020017
Land Assessment
£176,311 (2023)
Improvements Assessment
£285,771 (2023)
Total Assessment
£462,082 (2023)
  • Listing ID: 30359075

  • Date on Market: 13/12/2023

  • Last Updated:

  • Address: 3000-3010 Garth Rd, Baytown, TX 77521

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