107 S Broadway St - Freestanding FOR SALE


Elsa, TX 78543
$1,245,000 USD
107 S Broadway St, Elsa, TX for Sale
$1,245,000 USD
Freestanding - FOR SALE
1/4
null | 7.75% Cap Rate

107 S Broadway St
Elsa, TX 78543


OVERVIEW

92% Occupied | 12,874 SF Retail Center Located in the Heart of Elsa, TX Below Market Rents & Gross Leases – Potentially Allowing for Immediate Upside in Converting Leases Multiple MTM Leases and/or Upcoming Lease Expirations Prime Location Near the Intersection of Broadway and Edinburg Ave — Elsa’s main retail Corridor, Home to Major Anchors such as Walmart and HEB Average Suite Size is 1,609 SF - Proving Access to Large Pool of Tenants Pylon Sign Visible to a Combined 35,176 Vehicles Per Day Along Broadway and Edinburg Ave Surrounded by Top National Retailers – Walmart Supercenter, H-E-B, Whataburger, McDonalds, Dairy Queen, Dollar Tree, CVS, Wingstop, T-Mobile, AutoZone, and more.

FOR SALE DETAILS

PRICE

$1,245,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadway Commons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

RS

APN/PARCEL ID

F7850-00-001-0009-00

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