1101 E US Highway 175 - Storefront FOR SALE


Crandall, TX 75114
$2,735,000 USD
469-844-8884
1101 E US Highway 175, Crandall, TX for Sale
$2,735,000 USD
Storefront - FOR SALE
1/5
null | 6.99% Cap Rate

1101 E US Highway 175
Crandall, TX 75114


OVERVIEW

100% Occupied Retail Center Totaling 9,880 SF Mix of Gross & NNN Leases I Potential Upside in Converting All Leases to NNN Synergistic & Complementary Mix of Internet-Resistant Tenants Over 45% of GLA With Rental Escalations in Primary Term I Short Term NOI Growth Well Positioned Off Hwy 175 I Dominant Thoroughfare Visible to Over 25,000 VPDs. Ample Parking & Multiple Points of Ingress, Egress Located in The Heart of Kaufman County I The Fastest Growing County in Texas Immersed Around New Residential Growth I Multiple Developments Breaking Ground Less Than 1 Mile Away Crandall’s Seen a 106% Population Surge Since 2000 Surrounding National Retailers Include: Walmart SuperCenter, McDonald’s, Dollar General, Dominos, O’Reilly Auto Parts, Sonic, Dairy Queen, QuikTrip, & Many More

FOR SALE DETAILS

PRICE

$2,735,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

6.99%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

F1

APN/PARCEL ID

16069

ASK ABOUT THIS PROPERTY

Jason VitorinoSTRIVEMore Info
469-844-8884

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Jason VitorinoSTRIVEMore Info
469-844-8884

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