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