1591 E HWY 6, ALVIN, TX 77511-6045

Alvin Marketplace (the “Property”) is a neighborhood shopping center featuring a lineup of ten (10) national/regional retailers, service-oriented businesses, and

restaurants. The Property is located at Alvin’s main retail node, making it one of the most visible and well-positioned retail centers in the city. The Property was built

in 2001 and has retained almost half of its original tenants over its 25-year lifespan. Its strong real estate ensures the center’s long-term viability, relevance, and

tenant retention, while also making it easy to replace tenants when necessary. The center’s “below market” rental rates and short lease terms (less than five (5) years)

present tremendous upside for the purchaser of the Property and an opportunity to dramatically increase the Property’s NOI. The center’s solid construction, concrete

parking, and triple net tenant leases ensure very low “out-of-pocket” costs for the purchaser to maintain the Property.

The Property is supported by a thriving and growing city with excellent demographics and a strong workforce. Residential development in Alvin is currently at historic

levels. Since 2021, the population of Alvin within 5-miles of the Property has experienced year-over-year growth at the rate of 3.0% annually. As the development of

this submarket has exploded within these past few years, so has the traffic. By 2028, traffic along Highway 35 (40,000 vpd) and Highway 6 (24,000 vpd) will increase

dramatically as Highway 35 becomes part of the Grand Parkway. Upgrades to Highway 6/35 intersection have already been completed. Therefore, businesses in this

submarket should experience very little interruption during the conversion/expansion of Highway 35 into the Grand Parkway.