Plum Creek Plaza | 100% Leased Retail Center
1710 S Colorado St (US Hwy 183 South), Lockhart, TX
For Sale
Retail
Strip Center
$3,297,112
Price
7.65%
Cap Rate
$252,229
NOI
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
Title | ||
---|---|---|
Offering Memorandum |