1101 E US Highway 175 - Storefront FOR SALE
Crandall, TX 75114 |
1101 E US Highway 175
Crandall, TX 75114
HIGHLIGHTS
- High-performing retail plaza (100% Leased) strategically located in Crandall. TX with direct frontage and visibility on Highway 175.
- Mix of various kinds of Small Business Tenants - Bank, Custom Home Builder, Bakery, Hair Salon, Dentist, Party Hall etc.
- Well-lit parking lot with ample parking available for customers in the front and for tenants and employees in the back.
- Several multi-year leases with annual rent escalations in place, meaning no landlord responsibility and increasing returns.
- Strong operating history, with substantial upside potential. Offered at $2,110,000.00 with a net operating income of over $125K.
- Excellent Frontage, Visibility, and Access. Irreplaceable location in the region's primary commercial corridor.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
9880
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
52
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
16069
