Seabrook Shopping Center - AUCTION

Marcus & Millichap, in conjunction with Real Insight Marketplace, is pleased to offer Seabrook Shopping Center, a 24,700-square-foot retail center situated on 1.55 acres at 2100 East Nasa Parkway in Seabrook, Texas. The property boasts excellent visibility and accessibility along a high-traffic corridor with more than 19,000 vehicles per day. Positioned in the desirable Kemah submarket, the center benefits from a dense population of nearly 110,000 residents within a five-mile radius and a steady influx of year-round visitors drawn by the area’s tourism, waterfront attractions, and major employers.

Offered with 75 percent economic occupancy at closing, Seabrook Shopping Center delivers stable in-place income with meaningful upside through rent increases and potential re-leasing at market rates. Notably, the Seller will continue to pay rent for a vacating tenant through the remainder of their lease term, expiring August 2027 — ensuring uninterrupted cash flow and providing a built-in opportunity for strategic re-tenanting. This offering represents a rare chance to acquire a stabilized, well-located retail asset in a supply-constrained market, combining immediate income with long-term value growth.