3250 E Main St - Storefront FOR SALE


Uvalde, TX 78801
$4,329,113 USD
972-755-5225
3250 E Main St, Uvalde, TX for Sale
$4,329,113 USD
Storefront - FOR SALE
1/12
null | 8% Cap Rate

3250 E Main St
Uvalde, TX 78801


HIGHLIGHTS

  • 24,160-Square-Foot, Value-Add Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter
  • Complementary Tenant Mix of National, Regional, and Local Retailers

OVERVIEW

Marcus & Millichap is pleased to offer the opportunity to acquire a 24,160-square-foot, multi-tenant retail center in Uvalde, Texas. Uvalde Shopping Center is 100 percent leased, and 80 percent of the gross leasable area has triple-net leases. Tenants consist of a complementary mix of retailers and service-oriented businesses, including Cricket Wireless, Deluxe Nails & Spa, Great Clips, Shoe Dept., Sally Beauty Supply, CATO, and Beltone Hearing Aids. Constructed in 2005, the building is situated on 2.72 acres with a highly visible, double-sided pylon sign providing additional exposure to the center. The subject property is located on East Main Street (U.S. 90),one of the city's major thoroughfares. Traffic counts are approximately 23,586 vehicles per day in front of the property. Numerous national and regional tenants are in the surrounding area, including Walmart Supercenter, AT&T, Applebee's, Enterprise Rent-a-Car, Dollar Tree, One Main Financial, KFC, Little Caesars Pizza, Whataburger, Hobby Lobby, Petsense, Burkes Outlet, Wingstop, EZ Pawn, Golden Chick, Pizza Hut, Wendy's, McDonald's, Gatti's Pizza, Domino's, Church's Chicken, H-E-B grocery store, Sonic Drive-In, O'Reilly Auto Parts, Starbucks, Jack in the Box, Subway, Tractor Supply, and more. Additional traffic is provided by several neighboring hotels, such as Holiday Inn, Hampton Inn, and Motel 6. The property is in close proximity to Southwest Junior College and Uvalde Memorial Hospital. Uvalde Memorial Hospital is a not-for-profit county hospital serving five counties and has completed building out its new $83 million campus with a two-story, 180,000-square-foot building, expanding its existing hospital footprint.

FOR SALE DETAILS

PRICE

$4,329,113 USD

PRICE/SF

$179 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Uvalde Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.72 AC

LAND SF

118,483 SF

ZONING

Commercial

APN/PARCEL ID

18783

ASK ABOUT THIS PROPERTY

Philip LevyMarcus & MillichapMore Info
972-755-5225

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

Philip LevyMarcus & MillichapMore Info
972-755-5225

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