2600 Gulf Freeway — Sale in La Marque, TX

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Office
  • Location: La Marque, TX 77568
  • Size: 6,630 SF
  • Year built: 1980

Investment Figures

Cap rate
5.00%
Price per square foot
$181
Price per unit
$300,000 across 4 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Sales Notes for 2600 Gulf Freeway Overview: Occupancy: 100% Occupied Lease Type: Modified Gross Leases Tenant Profile: Long-term, stable tenants Building Type: Office / Mixed-Use (No Bay Doors) Location: La Marque, TX Investment Highlights: Fully Leased Building: 100% Occupancy: The building is fully occupied with a roster of reliable, long-term tenants, ensuring a steady and dependable cash flow. Stable Income Stream: Long-Term Tenants: Multiple tenants are currently on their second multi-year contract, demonstrating their ongoing commitment and reducing turnover risk. Modified Gross Leases: Tenants cover base rent and a share of operating expenses, striking a balance in cost management. Office / Mixed-Use Space: The property offers adaptable office and mixed-use spaces designed to accommodate a diverse range of professional and commercial needs. No Bay Doors: Specifically configured without bay doors, making it ideally suited for office and professional service use. Strategic Location: Situated on the northbound side of Interstate 45, providing excellent visibility and accessibility. The property benefits from dual access points: convenient parking on both the I-45 frontage road and Burnett Street, enhancing ease of access for tenants and clients. Prime Location: Location Benefits: Located in La Marque, TX, the property offers excellent accessibility and visibility within the community. Neighborhood Growth: La Marque is experiencing positive growth and development, which could further enhance property value. Summary: This fully occupied office/mixed-use building in La Marque, TX, presents an exceptional investment opportunity with its stable, long-term tenants and effective modified gross lease structure. Featuring multiple tenants on their second multi-year contract, the property’s prime location on the northbound side of Interstate 45, coupled with convenient parking access from both the I-45 frontage road and Burnett Street, enhances its appeal. The building’s

Market Context

This office in La Marque, TX is listed for sale at $1,200,000 across 6,630 SF ($181/SF). It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1980. It has been on the market for 72 days. Compare it against other office listings for sale in La Marque, TX — view the full market.

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