408-258-6400
1014-1020 W Panola St, Carthage, TX for Rent

$15.60 USD /SF/yr

Retail - For Rent
1/6
1,650 SF | 1 Space

1014-1020 W Panola St
Carthage, TX 75633


HIGHLIGHTS

  • Arguably the most desirable retail location in Carthage, Texas.
  • Across the street from Panola College on high traffic West Panola Street (10,521 VPD – 2020).
  • End cap 1,650 sf retail space in same strip shopping center as Subway, Security Finance, and Cricket Wireless.

OVERVIEW

Located in arguably the most desirable retail location in Carthage, Texas. Across the street from Panola College on high traffic West Panola Street (10,521 VPD – 2020). End cap 1,650 sf retail space in same shopping center as Subway, Security Finance, and Cricket Wireless. The shopping center comprises 2 buildings totaling over 13,000 sf covering 0.86 acres with 37 shared parking spaces. Tenants from left to right in the center are: A&E Dining, Subway, Security Finance, Cricket Wireless, V.I.P. Smoke & Vape, and Nail Spa Studio (Google maps has old photos that are not current). The lease is a gross modified lease with the base year being 2024, assuming the lease starts in 2024. The base rent for the first two years of the lease is $2,150 per month. There is an annual additional rent of the increase in prorated (i.e. 1650 sf / 13,000 sf = 12.7%) property taxes and insurance for the shopping center over the base year. I expect the annual additional rent to be less than $500 a year in year 2. Carthage, Texas is 47 miles southwest of Shreveport, LA and 150 miles east of Dallas. Panola College is across the street. Carthage was recently ranked #19 as “The Best 100 Towns in Texas for Starting a Small Business” https://lendedu.com/blog/best-towns-in-texas-for-starting-a-small-business/ Property owner, Catherine, is the manager and listing agent: (408) 258-6400

RENTAL DETAILS

SPACE AVAILABLE

1,650 SF

# OF SPACES

1

RENT/MONTH

$2,145 USD /mo

RENT RATE (MO)

$1.30 USD /SF/mo

RENT RATE (YR)

$15.60 USD /SF/yr

LEASE TYPE

Modified Gross

LEASE LENGTH

1-5 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

-

TOTAL BUILDING SIZE

23,072 SF

YEAR BUILT

2015

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

-

ASK ABOUT THIS PROPERTY

Catherine GortnerCatherine GortnerMore Info
408-258-6400

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Catherine GortnerCatherine GortnerMore Info
408-258-6400

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