2202 S Market St - Department Store FOR SALE


Brenham, TX 77833
$2,500,000 USD
713-249-6635
2202 S Market St, Brenham, TX for Sale
$2,500,000 USD
Department Store - FOR SALE
1/14
null | Request Cap Rate

NEW


2202 S Market St
Brenham, TX 77833


HIGHLIGHTS

  • Recently Replaced TPO Roof
  • Price Well Below Replacement Cost
  • 6.78 Acres on Business 290
  • 6900+ VPD on Business 290
  • Major Retail & Residential Growth
  • Potential Pad Sites

OVERVIEW

Located on Business 290 this former Walmart & Sutherland's location offers an impressive 57,135 square feet. With a site footprint of approximately 6.78 acres. The expansive parking lot also holds the potential for pad sites. Priced well below replacement cost @ $44.00 sqft. Large connected fenced in area to the west of the property adds additional outdoor retail footprint. Located to the rear of the property is also a covered & fenced storage area. Restrooms and break room area have been recently remodeled. Huge potential to redevelop into Retail, Climate storage, Antique Mall etc. Approximately 5,000 sq ft is currently leased out to Triple Crown Bingo. Traffic count on Buss 290 (S Market St) has increased substantially over the last 5 yrs. Multiple access to the property allows for easy ingress and egress.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Market Square Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

444

LAND DETAILS

LAND ACRES

6.78 AC

LAND SF

295,337 SF

ZONING

None

APN/PARCEL ID

0124-000-04400

ASK ABOUT THIS PROPERTY

Alan JacobElite Texas PropertiesMore Info
713-249-6635

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Alan JacobElite Texas PropertiesMore Info
713-249-6635

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