254-255-1111
2419 Palermo Pky, Temple, TX for Sale
Storefront - FOR SALE
1/14
null | Request Cap Rate

NEW


2419 Palermo Pky
Temple, TX 76502


HIGHLIGHTS

  • NNN Lease structure allows for minimal Landlord oversight and management responsibility.
  • Ideal property for retail and essential service uses, with an expansive parking area.
  • Opportunity to increase income through lease up of final vacancy, currently 82% occupied.
  • Vacancy is in shell condition, providing the ultimate flexibility for a new Tenant or Owner occupant.
  • Great opportunity to develop Phase 2 on the remaining 2.5 acres of land to add an additional 19,000 SF of building space.
  • Exposure to over 16,000 VPD on South 31st Street and over 18,000 VPD on FM 93.

OVERVIEW

OLDHAM GOODWIN is pleased to present Piazza Luna, a premier investment opportunity located in Temple, Texas. This 6,475 SF investment property is nearly fully leased and features three well-established tenants under NNN lease agreements. The tenant roster includes Integrity Rehab office alongside Dr. Scott Thayer’s Leon River Endodontics, and Vivo Infusions - each providing essential healthcare services and contributing to a reliable, long-term income stream. This is a great opportunity to develop Phase 2 on the remaining 2.5 acres of land, with approved plans in place to add an additional 19,000 square feet of building space. With committed long-term lease tenants and a prime location, Piazza Luna represents a secure and compelling investment opportunity.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

5

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

2.79 AC

LAND SF

121,532 SF

ZONING

GR

APN/PARCEL ID

488744

ASK ABOUT THIS PROPERTY

Derek TanksleyOldham Goodwin Group, LLC.More Info
254-255-1111

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

Derek TanksleyOldham Goodwin Group, LLC.More Info
254-255-1111

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