8691 Fm 2673 - Storefront Retail/Office FOR SALE


Canyon Lake, TX 78133- Hill Country
$700,000 USD
210-216-8925
8691 Fm 2673, Canyon Lake, TX for Sale
$700,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 9.93% Cap Rate

8691 Fm 2673
Canyon Lake, TX 78133
Hill Country


HIGHLIGHTS

  • 100% Occupied | Staggered Leases | Below Market Rents
  • 15.15% Population Growth ('23-'28)
  • 2% Submarket Vacancy Rate | Stable Tenants

OVERVIEW

Refreshed Investment Summary — 8691 FM 2673 | Canyon Lake, TX We're now offering the fully leased Canyon Lake retail center — with all tenants on NNN leases — at a new price of $700,000. The rear ±3 acres will be platted and sold separately, allowing buyers to focus exclusively on a stable, income-producing asset. Financial Highlights Purchase Price: $700,000 Net Operating Income (NOI): $69,480 Cap Rate: ~9.93% Tenant Breakdown: Fajita Express = Fidelia N Carreto **Three Separate Leases** Indoor Dining = 760SF Kitchen = 760SF Metal Building (storage) = 800SF Total = 2,320SF = $12.41/sf Oliventurs = Laundromat 1500SF = $12.72sf Salim S Maredia = Smoke Shop 750SF = $14.40/sf Aiwu Ding = Spa 830SF = $13.01/sf

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

9.93%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

4.42 AC

LAND SF

192,535 SF

ZONING

-

APN/PARCEL ID

50-0340-0805-00

ASK ABOUT THIS PROPERTY

Anthony 'Butch' LagredRegional PropertiesMore Info
210-216-8925

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Anthony 'Butch' LagredRegional PropertiesMore Info
210-216-8925

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