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34009444
34009367

201 South Egret Bay Boulevard, League City, TX 77573

JM
TX 0551204
Marcus & Millichap - Houston
IR
TX 521210
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston
Unpriced
2 days on market
Updated 2 days ago

Five Points Shopping Center

Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Square Footage 11,247
Tenancy Multi
Lease Type NNN
Year Built 1996
Acreage 1.220
Ground Lease No

Retail | 11,247 SqFt

Marketing description

Diverse Multi-Tenant Retail Center

• Multi-tenant rent roll provides diversified income from a mix of financial, retail, food

service, and nonprofit tenants

• The Property currently maintains approximately 89% occupancy with additional upside

through lease-up of the remaining vacant suite

• NNN lease structure allows for expense recoveries, helping reduce landlord operating

exposure

Strong Tenant Mix Anchored by Frost Bank

• Anchored by Frost Bank, one of the largest Texas-based banking institutions

• Complementary tenant lineup includes Goodwill, Flawless Diamonds, and Pauline’s

Donuts, generating consistent consumer traffic throughout the center

• Goodwill lease extends through December 2036, providing long-term income stability

Value-Add Opportunity Through Lease-Up

• Approximately 1,231 SF currently vacant, presenting investors with an opportunity to

increase occupancy and grow NOI through lease-up initiatives

• Strong neighborhood retail fundamentals support continued tenant demand within the

submarket

Affluent League City Demographics & Houston MSA Growth

• Located within the rapidly growing Houston MSA, the fifth-largest metropolitan area in

the United States with more than 7.6 million residents

• Affluent surrounding demographics include average household incomes exceeding

$123,000 within a 5-mile radius

• The surrounding 5-mile trade area includes nearly 194,000 residents and approximately

198,700 daytime employees supporting daily retail demand

• Proximity to major employment drivers including NASA Johnson Space Center, Lockheed

Martin, HCA Healthcare, and University of Houston-Clear Lake supports long-term

economic stability and consumer spending.

Listing Contacts

JM
TX 0551204
Marcus & Millichap - Houston
IR
TX 521210
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston

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Map

Zoning

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CM MixedMixed UseCommercial Mixed Use
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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