1400 Walnut St - Storefront FOR SALE


Columbus, TX 78934
$1,833,400 USD
713-405-7483
1400 Walnut St, Columbus, TX for Sale
$1,833,400 USD
Storefront - FOR SALE
1/11
null | 7.25% Cap Rate

1400 Walnut St
Columbus, TX 78934


HIGHLIGHTS

  • Rare opportunity to acquire a stabilized, multi-tenant retail asset at an attractive 7.25% unleveraged capitalization rate (CAP)
  • 100% occupied center, built in 1969 and renovated in 2024.
  • This low-maintenance property offers strong yield potential and long-term value.

OVERVIEW

Partners is pleased to present Columbus Dollar General Plaza, a prime investment opportunity in the heart of Columbus, Texas. This 30,500 SF multi-tenant neighborhood enter sits on a 3.02-acre parcel at 1400-1420 Walnut St., Columbus, TX 78934. Originally built in 1969 and thoughtfully renovated in 2024, the center is 100% occupied, ensuring a stable income stream for investors. Columbus is conveniently positioned 73 miles west of Houston, offering easy access to major markets. The property benefits from a highly visible location on U.S. Highway 90 (Walnut St.)—the city’s major east-west thoroughfare—offering over 240 feet of frontage and two convenient curb cuts for seamless ingress and egress. A prominent pylon sign further enhances visibility, attracting a steady flow of traffic to the center. Anchored by Dollar General, which has operated at this location for over 25 years with no competing store within a 10-mile radius, the center enjoys long-term tenant stability. Additionally, Live Oak Home Center Interiors & More provides a comprehensive shopping experience, catering to homeowners and contractors with an extensive selection of flooring, cabinetry, countertops, paint, and home furnishings. Offered at $1,833,400, Columbus Dollar General Plaza presents a rare opportunity to acquire a stabilized, multi-tenant retail asset at an attractive 7.25% unleveraged capitalization rate (CAP). In a market where quality retail investments under $2,000,000 are scarce, this low-maintenance property offers strong yield potential and long-term value.

FOR SALE DETAILS

PRICE

$1,833,400 USD

PRICE/SF

$61 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

118

LAND DETAILS

LAND ACRES

3.02 AC

LAND SF

131,551 SF

ZONING

N/A

APN/PARCEL ID

12137

ASK ABOUT THIS PROPERTY

713-405-7483

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713-405-7483

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