469-358-7742
700 Davey Crockett Dr, New Boston, TX for Sale
Freestanding - FOR SALE
1/10
null | Request Cap Rate

700 Davey Crockett Dr
New Boston, TX 75570


OVERVIEW

Property Overview: Located in the heart of New Boston, Texas, this well-positioned shopping center offers a unique opportunity for investors looking for a steady income stream. The property is strategically situated adjacent to a high-traffic Walmart, one of the area's main retail hubs. This prime location ensures consistent foot traffic and visibility, benefiting both current and future tenants. Key Features: Location: 100% retail exposure next to a Walmart, a major regional draw. Size: 21,000 square feet of retail space, with ample parking for customers. Tenant Mix: The shopping center boasts a diverse range of long-term tenants, providing stability and a strong rental income history. Current tenants include [insert tenant types, such as restaurants, retail stores, service providers]. Income: The property has a proven track record of steady rental income with long-term leases in place, contributing to its reliable revenue stream. Accessibility: Excellent visibility and access from major roadways, with high daily traffic counts. Convenient parking and modern infrastructure. Condition: Well-maintained property with updated facilities and infrastructure. The center has seen ongoing improvements to ensure it remains competitive and attractive to high-quality tenants. Investment Highlights: Strong Traffic Flow: With Walmart as a neighboring anchor, the center enjoys high foot traffic from both Walmart shoppers and those frequenting other nearby businesses. Stable Cash Flow: The center’s established tenant base, including a national retail brand, generates consistent cash flow. The property's occupancy rate remains high, with minimal vacancy periods. Potential for Future Growth: Given its prime location and the increasing demand for retail spaces in the area, there is strong potential for rental increases or tenant turnover that could bring in higher-quality tenants or higher rents. Market Demand: New Boston, Texas, is seeing steady growth, with an increase in both commercial and residential development. As the area's retail sector continues to expand, this shopping center is well-positioned to benefit from rising demand for commercial spaces. The combination of its location next to Walmart and its reputation as a shopping destination ensures long-term value. Conclusion: This shopping center in New Boston, Texas, presents an excellent opportunity for investors seeking a reliable, income-producing asset. With its prime location next to Walmart, diverse tenant mix, and consistent rental income, the property offers a secure investment in a growing market. Whether you are looking to add a stable cash-flowing property to your portfolio or seeking long-term appreciation, this property is an ideal choice. Contact Information: For further details or to schedule a viewing, please contact Vincent Lim or Sophie Vongsombath. 214-563-3388, 469-441-9379

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shops at New Boston

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

108

LAND DETAILS

LAND ACRES

3.03 AC

LAND SF

131,987 SF

ZONING

Commercial

APN/PARCEL ID

27564000300

ASK ABOUT THIS PROPERTY

Joseph VongsombathNew World RealtyMore Info
469-358-7742

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

Joseph VongsombathNew World RealtyMore Info
469-358-7742

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