300 Texas Highway 332 300 TX-332 10,000 SF 100% Leased Retail Building Lake Jackson, TX 77566 $8,459,968 CAD ($846.00 CAD/SF) 6.50% Cap Rate

Marcus & Millichap is pleased to exclusively market for sale 300 Texas Highway 332, a 10,000-square-foot multi-tenant retail center located in Lake Jackson, Texas. The subject property is offered for $5,997,000, at a 6.50 percent cap rate.
This offering presents an opportunity for an investor to acquire a Class A, tilt-up strip center, anchored by four creditworthy national tenants on long-term NNN leases: PNC Bank recently executed a new 15-year lease commencing June 2025; Aspen Dental executed a new 10-year lease commencing September 2024; and Jersey Mike’s has a pending fresh 10-year lease.
The property is situated at the signalized intersection of TX-332 and TX-288 / Nolan Ryan Expressway, which together see approximately 50,000 vehicles per day. The property is an outparcel to Lowe’s and sits directly across from Brazos Mall, which draws 3.5 million annual visits, as well as Walmart, Home Depot, Best Buy, Target, Academy Sports + Outdoors, Hobby Lobby, Burlington, Dollar Tree, Chick-fil-A, Chili’s, and a deep lineup of national restaurant and service tenants. Lake Jackson serves as the retail and medical hub for Brazoria County. Average household incomes exceed $117,000 within three miles.