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19801 Gulf Fwy
Webster, TX 77598

Retail Property For Sale

Executive Summary

JLL is pleased to present Center at Baybrook, a 363,830 Power Center located along I-45 in Webster, TX, with approximately 127,200 VPD. This investment holds a prime location within one of the most sought-after retail corridors/nodes in the state of Texas. The property offers high visibility, significant foot traffic, and strong consumer demand. Comprising three separate pad buildings, each with its own individual space and revenue potential, the property provides leasing flexibility and the opportunity for multiple income streams. With current vacancies and below-market rents, there exists significant upside potential for lease-up and rental rate adjustments, maximizing returns on investment.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,999 SF
Building Class
B
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.86 AC
Parking
60 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
850 FT on Gulf Fwy

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1163140010001
Land Assessment
$17,426,480
Improvements Assessment
$21,124,497
Total Assessment
$38,550,977
  • Listing ID: 31482257

  • Date on Market: 4/11/2024

  • Last Updated:

  • Address: 19801 Gulf Fwy, Webster, TX 77598

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