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29881145
29881146

6840 Hwy 6, Missouri City, TX 77459

GL
TX TX 419197
Marcus & Millichap - Houston
Marcus & Millichap - Houston
AD
TX TX 843444
JJ
TX 651497
Marcus & Millichap - Dallas
RH
TX 514271
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Houston, Marcus & Millichap - Dallas
Unpriced
103 days on market
Updated 33 days ago
Under Contract

Brazos Lake Shopping Center

Details
APN 1804-01-001-0020-907
Property Type Retail
Sub Type Shopping Center
Square Footage 9,920
Net Rentable (SqFt) 9,920
Units 3
Occupancy 100%
Tenancy Multi
Brand/Tenant Excel Urgent Care, Sunbelt Pawn
Lease Type NNN
Rent Bumps Yes
Lease Options Options for Tenants
Class A
Year Built 2009
Buildings 1
Stories 1
Acreage 1.170
Zoning N/A
Parking Spaces 40 spaces
Parking Per SqFt 4.03
Investment Type Stabilized
Ownership Fee Simple
Sale Condition For sale by owner

9,920 SF

Marketing description

Marcus & Millichap is pleased to exclusively list for sale Brazos Lake Shopping Center, located at 6840 Highway 6 in Missouri City, Texas.

Positioned on State Highway 6 with over 58,000 vehicles per day, this 9,920-square-foot retail center delivers a compelling opportunity in a high-growth retail corridor that continues to attract strong consumer demand and household spending power in the Southwest Houston metropolitan market.

Brazos Lake Shopping Center is anchored by Excel Urgent Care, a multi-location healthcare provider, and also accommodates a highly reputable pawn shop. The third suite is master leased for three years from closing at an annual base rent of $24.00/SF + NNN (lowest rent in the center). The average household income exceeds $150,000 within a one-mile radius, and there is significant population growth projected through 2029, meaning the asset stands out for its demographically supported revenue potential. Therefore, there is a high probability of leasing the master leased suite at $24.00/SF + NNN (or more).

The property’s multi-tenant configuration and strong location advantage place it within a vibrant retail ecosystem anchored by premier master-planned communities (Riverstone and Sienna Plantation) and regional shopping destinations. This creates a durable investment profile with resilient leasing fundamentals, excellent visibility, and strategic access for both local residents and commuters.

Brazos Lake Shopping Center is offered at a price of $3,500,000 which represents a 7.08 percent cap rate. Overall, Brazos Lake Shopping Center represents a well-positioned retail asset that combines proven tenancy, attractive trade demographics, and solid highway frontage fundamentals, making it an attractive opportunity for investors targeting stable income and long-term value creation in the Houston-area retail market.

Investment highlights

  • Frontage on State Highway 6

  • 100 Percent Economical Occupancy

  • Stabilized Income with Value-Add Potential

  • Located Near Premier Master-Planned Communities: Riverstone and Sienna Plantation

  • Average Household Income Exceeds $150,000 within a One-Mile Radius

Listing Contacts

GL
TX TX 419197
Marcus & Millichap - Houston
Marcus & Millichap - Houston
AD
TX TX 843444
JJ
TX 651497
Marcus & Millichap - Dallas
RH
TX 514271
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Houston, Marcus & Millichap - Dallas

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$247,962.00
$20,663.50/mo

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Additional Information

Name
Tim Speck
License
TX 9002994
Title
Broker of Record
Name
Gus Lagos
License
TX 419197
Name
Alex Wolansky, CCIM
License
TX 702899
Brokerage Phone
7134524200
Name
Alyssa Difilippo
License
TX 843444
Brokerage
Marcus & Millichap
Brokerage Phone
972-755-5317
Title
Associate Investments
Brokerage Address
5001 Spring Valley Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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