Seabrook Plaza

Address

3325-3345 Nasa Road 1
Seabrook, TX 77586

The Offering

Edge Capital Markets and Newmark are pleased to present the opportunity to acquire Seabrook Plaza (“Property”), comprised of six tracts totaling ±11.07 acres in Seabrook, Texas. Located on a waterfront site of Clear Lake, just 25 miles southeast of downtown Houston, the Project is less than four miles from NASA Johnson Space Center as well as other demand generators such as the Armand Bayou Nature Center (one of the largest urban wilderness preserves in the nation), Kemah Boardwalk (a premier restaurant and entertainment destination), Ellington Field Spaceport, the Port of Houston and a growing petrochemical industry.

To access the site, travelers from William P. Hobby Airport would find their way to 1-45 S, take exit 24 toward NASA Road 1, and proceed for approximately six miles to find the site on the right. Repsdorf Road provides an entry corridor into the property and is a main north-south arterial in Seabrook that connects to SH-146. The property also fronts Nasa Road 1, which is the primary east-west thoroughfare for the city that travels along the coast.

Investment Highlights

Development Opportunities: Positioned on 6 tracts totaling ±11.07 acres, the shovel-ready site offers a highly flexible development opportunity and is suited for multifamily, retail, office or mixed-use.

Top Housing Market: The Property is surrounded by desirable and affluent neighborhoods including El Lago, El Lago Estates and Taylor Lake Village. As such, the Property offers immediate access to desirable neighborhoods which boast home values ranging from $300,000 to over $8,000,000

Heart of Clear Lake: Located on Clear Lake, the nation’s third-largest pleasure-boat basin, the Property is surrounded by major tourism and economic drivers in a highly desirable trade area including immediate access to NASA Johnson Space Center, Kemah Boardwalk and the Port of Houston

Unmatched Visibility & Access: With over 1,000 feet of frontage along NASA Road 1, a main road running parallel to the northern border of Clear Lake, the property is situated on a signalized intersection that sees an average of over 27,515 vehicles per day, providing unmatched accessibility and visibility

Affluent Demographics: The property is surrounded by a well-educated population of 128,524 residents within a five-mile radius and an average household income of $126,762. Further, a total of 49% of the population has at least a college degree

High Barriers to Entry: Real estate in this exclusive area benefits from high barriers to entry for future competition. The scarcity of available Clear Lake waterfront land for new developments makes the subject property the only site currently for sale above 2.75 acres