Marcus & Millichap brokered the sale of Seabrook Shopping Center, a 25,113-square-foot multi-tenant retail property in the Bay Area near Space Center Houston.
Scott Jones, Gus Lagos and Alex Wolansky, CCIM, investment specialists in Marcus & Millichap’s Houston office, exclusively marketed the property on behalf of the seller, a local investor.
The property is located at 2100 E. NASA Parkway. Situated on 1.55 acres, the retail center benefits from visibility along a high-traffic corridor carrying more than 19,000 vehicles per day. Located in the Kemah submarket, the property serves a trade area of nearly 110,000 residents within a five-mile radius and benefits from year-round tourism and nearby employment centers. The buyer was introduced to the opportunity through an existing relationship after acquiring another Houston-area shopping center through Marcus & Millichap. With approximately 19,000 square feet of available space, the property offers significant lease-up potential and opportunities to increase long-term net operating income.
