18500 W Interstate 40 - Supermarket FOR SALE
Bushland, TX 79124 |
18500 W Interstate 40
Bushland, TX 79124
HIGHLIGHTS
- Bushland Plaza is a True Value-Add Shopping Center, Currently 65% Occupied
- The Building Was Newly Constructed in 2020 - Anchored By Anytime Fitness
- Value-Add Lease Up - Opportunity to Increase Net Operating Income $83,285 By Leasing the 2 Vacant Suites
- Bushland Plaza is Listed at a 7.20% CAP on Actual Income and Expenses, Proforma 14.60% CAP By Filling the Vacancy
- Excellent Yield Opportunity: By Adding Professional Management and Leasing, Investors Will Generate Over 20% IRR in 2 Years
- Excellent Exposure on I-40 (Rt - 66) Offering 21,246 VPD on the Primary East/West Route Connecting Oklahoma City, OK to Albuquerque, NM
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Bushland Shopping Center - Bushland, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Storefront, Department Store
TOTAL BUILDING SIZE
9000
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
31
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
R-065-1350-8165-0
