Plum Creek Plaza | 100% Leased Retail Center

1710 S Colorado St (US Hwy 183 South), Lockhart, TX

   SOLD!   

$3,297,112

Price

7.65%

Cap Rate

$252,229

NOI

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Street
Map
Overview
Cap Rate
7.65%
NOI
$252,229
Building Size
25,412 sqft
Lot Area
3.2318 acres
Lease Type
Triple Net
Year Built
1986
Price Per Sqft
$129.75
Parking Spots
134
Description

Sell or develop existing pad priced at $392,000.00. Allows opportunity to reposition tenants and/or redevelop shopping center. Notable national retailers in the immediate trade area include Walmart Supercenter, HEB & Walgreens. Stable in place income with a weighted average remaining lease term of 3 years. Strong development fundamentals with five (5) access points from US Hwy 183.

Highlights
  • Excellent Location
  • High Visibility
  • Value Add Opportunity
  • Pad Site Available to be Sold/Developed for Additional Income
  • Excellent Tenant Mix - 67% National Brand Tenancy
  • High Trafficked Area 16,998 vpd
Documents
Location
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