Park Place Shopping Center

Marcus & Millichap is pleased to exclusively list for sale Park Place Shopping Center, located at 519 Park Street in Baytown, Texas. This 4,300-square-foot retail center is located on the signalized, hard corner of Park Street and North Pruett Street.

The subject property is 100 percent occupied, accommodating three tenants. All tenant leases are triple-net, protecting an investor from possible increases in future expenses. An investor could add value by raising the below market rent for Hair Salon once the lease agreement expires. Park Place Shopping Center is offered at a price of $518,000, which is $120.47 per square foot.