301 Tanger Dr - Storefront FOR SALE


Terrell, TX 75160
$23,500,000 USD
918-292-9792
301 Tanger Dr, Terrell, TX for Sale
$23,500,000 USD
Storefront - FOR SALE
1/10
null | 9% Cap Rate

301 Tanger Dr
Terrell, TX 75160


HIGHLIGHTS

  • 39-Unit Shopping Center | Strong National Tenants | New Roof in 2023
  • 1.3 Million Visits in the Last 12 Months | Large Trade Area
  • Exceptional Tenant Stability And Long-Term Success
  • Below Market Rents | Significant Upside
  • Strategic Location | Frontage Along I-20 | 22.5+ Million Annual Vehicles

OVERVIEW

Value-Add Retail Asset with Below Market Rents

FOR SALE DETAILS

PRICE

$23,500,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shops at Terrell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

1543

LAND DETAILS

LAND ACRES

23.21 AC

LAND SF

1,011,028 SF

ZONING

Commercial

APN/PARCEL ID

39637

ASK ABOUT THIS PROPERTY

Anne PerraultNorthmarqMore Info
918-292-9792

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Anne PerraultNorthmarqMore Info
918-292-9792

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