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Northgate Shopping Center

$2,350,000

515 N 25 Mile Ave, Hereford, TX 79045

Active
Last Updated: 04/04/2025

50,835 sqft

Building Size

4.0373 acres

Lot Area

Details:
Building Size:    50,835 sqft
Lot Area:    4.0373 acres
Occupancy:    75%
Units:    11
Floors:    1
Highlights:
  • - 50,835 SF building with 11 units
  • - Zoned for Retail use
  • - Prime location in Hereford area
  • - 75% occupancy rate
  • - Diverse tenant mix
  • - Strong rental history
  • - Ample parking for customers
  • - High visibility from main road
  • - Proximity to major retailers
  • - Potential for increased foot traffic
Description:

Embrace opportunity with this prime retail property in Hereford, TX. Boasting a substantial 50,835 SF building with 11 units, this property offers a promising investment for retail and street retail investors. Zoned for retail use and featuring a strong 75% occupancy rate, the property presents a solid foundation for immediate income generation. Located in the heart of Hereford, this property benefits from a strategic and dynamic location ideal for attracting both residents and visitors alike. Don't miss out on the chance to secure a valuable stake in this thriving retail market with a property that embodies potential, versatility, and lasting value.

Located at 515 North 25 Mile in Hereford, the location is centered in the majority of retail in town. The property boasts an upcoming Golden Chick restaurant, adding to the dynamic mix of offerings, with Stevens Five Star as its neighbor. Just a stone's throw away, Walmart provides a major retail anchor, while Tractor Supply within the center's parking lot enhances the area's appeal. With these key attractions and amenities, the property presents a prime opportunity for retail and street retail investors or tenants seeking to capitalize on the area's growth and convenience.

Map:
4 Spaces Available

Suite 523 Strip Center

Available:
Immediately
Sublease:
No
SQFT
1,856
Lease Type:
Gross

Suite 522 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
1,888

Suite 521 Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
5,062

Suite 529 - Previously Cargil Strip Center

Available:
Immediately
Sublease:
No
SQFT
4,400
Lease Type:
Gross
Documents:
Title
Sale Brochure (L)
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Lease_Brochure__L_.pdf
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Location
Gallery