142 Truly Plz - Freestanding FOR SALE


Cleveland, TX 77327
$899,000 USD
281-445-0033
142 Truly Plz, Cleveland, TX for Sale
$899,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

142 Truly Plz
Cleveland, TX 77327


HIGHLIGHTS

  • Prominent retail location situated in HEB parking lot at the side entrance to Walmart
  • Ideal visibility and access located at the intersection of Cleveland's highest trafficked streets
  • 3,119 SF building located on 0.38 Acres
  • Former Pizza Hut building was converted to service retail business
  • Existing tenant's lease expires 1/2027 and tenant has no future options

OVERVIEW

This freestanding retail property offers a highly visible location within a major retail hub in Cleveland, Texas. Positioned in the parking lot of H-E-B and adjacent to Walmart, the site benefits from strong co-tenancy and consistent customer traffic from two of the nation’s top-performing retailers. The property sits at the intersection of key commercial corridors, providing excellent connectivity to surrounding neighborhoods and regional destinations. The building, formerly a Pizza Hut, has been converted for service retail use and is currently occupied by a tenant whose lease expires in January 2027 with no renewal options, creating a near-term opportunity for repositioning or owner occupancy. The 0.38-acre parcel provides ample parking and convenient ingress and egress for customers. This asset is well-suited for investors seeking a stable location with long-term growth potential or for an owner-user looking to establish a presence in a thriving retail trade area.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

HEB & Walmart Shadow Anchored Freestanding

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

-

APN/PARCEL ID

005360-000015-015

ASK ABOUT THIS PROPERTY

Martin TurnerRESOLUT REMore Info
281-445-0033

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Martin TurnerRESOLUT REMore Info
281-445-0033

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.