4421 Glenwood Road

Highlights:

• Lot Features: Free Standing
• Number Of Buildings: 1
• Bathrooms Total: 0
• Documents Available: Legal Desc, Lease, Traf Count, Aer Photo, Envi Study
• Cooling: Central Air
• Heating: Central
• Electric: Other
• Flooring: Ceramic Tile, Carpet
• Construction Materials: Brick
• Parking Features: Parking Lot
• Security Features: Security Lights

Description:

This is an excellent opportunity for an investor to acquire a fully stabilized shopping center onto their investment portfolio. Offering a current 7% Cap Rate in a very fast-growing area. Constructed in 2007 with quality, Austin Plaza is a 10,467-square-foot shopping center situated on 1.45 acres with 7 total units and a freestanding billboard.

Long-term tenants on triple NNN leases with a yearly minimum 3% escalation on all leases. With over 300 feet of road frontage, the center has outstanding visibility and direct access to Glenwood Road (23,094 VPD). Building construction consists of all brick siding and glass/aluminum-frame storefronts. The subject property offers significant upside potential, making it a lucrative investment opportunity poised for strong cash flow and value appreciation.

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