Marcus & Millichap brokered the sale of Brazos Lake Shopping Center, a 9,920-square-foot multi-tenant retail property Missouri City, Texas.
Joseph Jaques, Alex Wolansky, Gus Lagos, and Ron Hebert, investment specialists in Marcus & Millichap’s Dallas and Houston offices, exclusively marketed the property on behalf of the seller and the buyer was represented by its own agent.
Built in 2009 on 1.17 acres, the three-suite retail center is positioned at 6840 Highway 6, which carries more than 58,000 vehicles per day. The property is anchored by Excel Urgent Care and includes a mix of neighborhood-serving tenants. The buyer acquired the center as a long-term investment and plans to lease the remaining available suite.
