Property Summary
LOCATION: |
6303-6327 Stewart Rd. Galveston, TX 77551 |
YEAR BUILT: |
1970 |
GROSS LEASABLE AREA: |
151,905 SF |
LAND AREA: |
14.47 Acres |
OCCUPANCY: |
84.5% |
PARKING: |
470 Spaces (3.09/1,000 SF) |
TRAFFIC COUNTS: |
Stewart Rd: 23,670 VPD 61st. Street: 23,369 VPD |
Investment Highlights
- Diverse Rent Roll of National and Regional Retailers - Ross, Five Below, Shoe Dept. Encore, UPS, AT&T and the highest performing Whataburger in the Region
- Opportunity to Add Value Via Lease-Up - 84.5% Leased in a desirable retail and recreation hotspot
- Premier Texas Tourist Destination - 6.5 million annual visitors and more than 2,100 hotels and other lodging accommodations
- Permanent Retail Location - Located at the dominant main and main retail intersection at 61st & Stewart Road.
- Resilient Retail Market - 10-year average occupancy of 94.4% occupied and is currently 95.6% occupied
INVESTMENT ADVISORS
FINANCE ADVISOR