100 W Main St - Storefront FOR SALE


Eagle Pass, TX 78852
$1,250,000 USD
210-253-6034
100 W Main St, Eagle Pass, TX for Sale
$1,250,000 USD
Storefront - FOR SALE
1/13
null | 11.12% Cap Rate

100 W Main St
Eagle Pass, TX 78852


HIGHLIGHTS

  • Stable Cash Flow with Upside
  • Priced Well Below Replacement Cost
  • Located in a Booming Port City
  • Excellent Visibility

OVERVIEW

The Property is a 29,980 square foot multi-tenant retail property positioned in downtown Eagle Pass. 100 Main has ample frontage along two busy downtown streets, Main St. and Commercial St., offering maximum visibility to downtown shoppers. The Property is located just one block from International Bridge 1, which connects Eagle Pass downtown shopping centers with the Piedras Negras downtown marketplace. The combined population of the Eagle Pass/Piedras Negras Metropolitan is approximately 220,000. The Property is 100% occupied by quality tenants including the Nuvani Institute Beauty School, Maria’s Bridal + Floral, and A&B Fashions and offers stable cash flow and upside through rent increases. 100 Main is being offered below replacement cost at $41.69 psf with an in-place cap rate of 11.11%.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

11.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

B2

APN/PARCEL ID

16497

ASK ABOUT THIS PROPERTY

Joe ElderCBREMore Info
210-253-6034

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Joe ElderCBREMore Info
210-253-6034

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.