1175 Fm 2673
$2,100,000
1175 Fm 2673, Canyon Lake, TX 78133
8.35
Cap Rate
175,432.97
NOI
Details:
Description:
• 90%+ occupancy for past 10 years
• Anchor Tenant: Anytime Fitness - 10+ years
• Balanced rent roll with staggered expirations
• Upgraded parking lot in 2024
• HVAC units and roof replacement all in past 5 years
• Supplemental Financials available upon request
This 14,086+/- SF retail strip center in Canyon Lake, TX offers an exceptional opportunity with 58 parking spaces, ensuring ample convenience for customers. The property boasts a well-rounded tenant mix, including fitness, service, restaurant and office spaces, creating a vibrant community hub.
Priced below replacement cost, it provides great value for an investor while being located in the high-traffic Sattler area, the center enjoys prime frontage and visibility, maximizing exposure to potential customers and enhancing its appeal.
Listing ID: e2ac0d56-273a-4ba0-84fa-9d0f7d8c4d5b
Documents:
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Location
Gallery