409-781-7734
200 S Main St, Nolanville, TX for Sale
Storefront Retail/Office - FOR SALE
1/12
null | 7.5% Cap Rate

200 S Main St
Nolanville, TX 76559


HIGHLIGHTS

  • Staggered lease expirations from 2.5 Years to 10 Years remaining on primary terms.
  • NNN Lease structure allows for minimal Landlord oversight and management responsibility.
  • Unique two building design, with drive through or take out window on all four end caps.
  • Diverse and successful local tenant mix, with modest rents.
  • Exposure to over 67,000 vehicles per day on I-14 and situated at the Exit Ramp to Nolanville, offering ease of access.

OVERVIEW

OLDHAM GOODWIN is pleased to present Pecan Plaza in Nolanville (Harker Heights), Texas for your consideration. This 8,800 SF multi-tenant strip center is situated on the I-14 frontage road, offering excellent visibility and exposure to over 65,000 cars per day. Pecan Plaza, built in 2021, is leased to a diverse mix of successful local tenants. The property has tremendous future upside potential, with below market rents in the $17.40/SF to $24.00/SF range. The property is being offered at a significant discount to its replacement cost, at only $278.41/SF. With staggered lease expirations of 2.5 years to 10 years, NNN lease structure, and future upside, Pecan Plaza is a unique investment opportunity in the Temple/Belton/Killeen MSA.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Pecan Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

B-3

APN/PARCEL ID

496505

ASK ABOUT THIS PROPERTY

Clint OldhamOldham Goodwin Group, LLC.More Info
409-781-7734

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Clint OldhamOldham Goodwin Group, LLC.More Info
409-781-7734

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