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1516 S Gordon St
Alvin, TX 77511
Office Property For Sale


INVESTMENT HIGHLIGHTS
- 3 long term tenants, great area, fully updated
EXECUTIVE SUMMARY
FOR SALE: Prime Commercial Property with Long-Term Tenants – Alvin, TX
?? Corner of S. Gordon St & Foster St | Alvin, TX 77511
?? Excellent Investment Opportunity | Fully Leased | High Visibility
Property Overview:
Take advantage of this rare opportunity to own a fully-leased commercial center in the heart of Alvin, Texas! Situated on a 15,577 sq ft lot, this 5,550 sq ft retail center features three established tenants with a strong history of occupancy. The property offers outstanding street exposure with frontage on both S. Gordon Street and Foster Street, along with abundant on-site parking—a key feature for tenant satisfaction and customer convenience.
Current Tenant Mix:
Medical Spa
Hair Salon
Boutique
All tenants operate under NNN (Triple Net) leases, minimizing landlord responsibilities and maximizing investment stability.
Key Highlights:
Building Size: 5,550 SF
Lot Size: 15,577 SF
Zoning: Commercial
Parking: Ample on-site parking
Frontage: High-visibility corner location
Lease Type: Triple Net (NNN)
Strong Surrounding Retail: Located near HEB, national fast-food chains, pharmacies, and medical clinics, driving consistent foot traffic and customer activity.
Investment Summary:
This property is ideal for an investor seeking a low-maintenance asset with a diverse tenant mix, stable income, and long-term upside. With two long-term leases in place and a boutique tenant offering flexibility for future rent increases or repositioning, this property presents a strategic and dependable investment in a growing market.
?? Contact us today to schedule a private tour or to request additional financials and lease information.
?? Corner of S. Gordon St & Foster St | Alvin, TX 77511
?? Excellent Investment Opportunity | Fully Leased | High Visibility
Property Overview:
Take advantage of this rare opportunity to own a fully-leased commercial center in the heart of Alvin, Texas! Situated on a 15,577 sq ft lot, this 5,550 sq ft retail center features three established tenants with a strong history of occupancy. The property offers outstanding street exposure with frontage on both S. Gordon Street and Foster Street, along with abundant on-site parking—a key feature for tenant satisfaction and customer convenience.
Current Tenant Mix:
Medical Spa
Hair Salon
Boutique
All tenants operate under NNN (Triple Net) leases, minimizing landlord responsibilities and maximizing investment stability.
Key Highlights:
Building Size: 5,550 SF
Lot Size: 15,577 SF
Zoning: Commercial
Parking: Ample on-site parking
Frontage: High-visibility corner location
Lease Type: Triple Net (NNN)
Strong Surrounding Retail: Located near HEB, national fast-food chains, pharmacies, and medical clinics, driving consistent foot traffic and customer activity.
Investment Summary:
This property is ideal for an investor seeking a low-maintenance asset with a diverse tenant mix, stable income, and long-term upside. With two long-term leases in place and a boutique tenant offering flexibility for future rent increases or repositioning, this property presents a strategic and dependable investment in a growing market.
?? Contact us today to schedule a private tour or to request additional financials and lease information.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
5,550 SF
Building Class
C
Year Built
1981
Price
$1,779,037 CAD
Price Per SF
$320.55 CAD
Cap Rate
4.86%
NOI
$86,461 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,550 SF
Building FAR
0.27
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
N/A
AMENITIES
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 4145-0008-000 | Improvements Assessment | $907,949 CAD |
| Land Assessment | $70,791 CAD | Total Assessment | $978,740 CAD |
PROPERTY TAXES
Parcel Number
4145-0008-000
Land Assessment
$70,791 CAD
Improvements Assessment
$907,949 CAD
Total Assessment
$978,740 CAD
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