DuWest Realty Investment Services is pleased to present the opportunity to acquire a 100% occupied, 14,536 square foot multi-tenant retail center strategically positioned along Henderson Street in Cleburne, Texas, the primary commercial corridor serving this DFW submarket.?
The Property has been newly remodeled, and is anchored by a proven tenant mix of both national credit brands and established local operators, including Chipotle, Jersey Mike's, Nothing Bundt Cakes, America's Best, Metro by T-Mobile, Fred Loya Insurance, and Glow Nail Bar.? The Property benefits from exceptional co-tenancy and an irreplaceable location directly across from H-E-B, which draws 2.2 million annual customer visits, and in close proximity to Walmart Supercenter, which generates 2.9 million annual visits.? This grocery-anchored retail ecosystem drives sustained, high-frequency consumer traffic to the corridor.?
New ownership will acquire a stabilized income stream with a weighted average lease term (WALT) of 10.4 years, providing long-term cash flow stability.? All tenants are subject to contractual rent growth (5 of 7 tenants have annual increases) offering built-in NOI escalation throughout the hold period.? The property benefits from healthy rents with the average at only $29.17 PSF (excluding Chipotle).? This offering represents a rare opportunity to acquire a fully stabilized, multi-tenant retail asset in a supply-constrained North Texas market.?