Lampasas, TX - Lampasas Strip Center

Description:

• 75% occupied strong e-commerce resistant tenant lineup
• Offering features upside for a future investor through leasing up the remaining vacancy
• T-Mobile, and Golden Chick have 10% rental increases every 5 years, while Quan Den Palace has 2% rental increases annually
• Scheduled rental increases for all tenants, steadily build up NOI and hedge against inflation

• The subject property is ideally located near an intersection of U.S. Highway 190 and Fourth St., a main commuter thoroughfare and retail corridor in the city of Lampasas, with an average of 13,800 vehicles passing by daily
• The asset is adjacent to a Walmart Supercenter
• Within 1 mile radius of the subject property, there are multiple shopping centers and mall anchored by major tenants including H-E-B, Tractor Supply Co., Ace Hardware, and more
• Strong tenant synergy promotes crossover shopping to the subject property

Documents: