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1011 E Milam St
Mexia, TX 76667

Tractor Supply / Bealls Shopping Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
61,500 SF
Year Built
1987
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
3.05 AC

ABOUT 1011 E MILAM ST , MEXIA, TX 76667

Trinity Real Estate Investment Services is pleased to present a 3-Tenant Retail Center leased to National Credit Tenants Tractor Supply and Bealls in Mexia, Texas. Bealls has almost 9 years remaining on their lease while Tractor Supply has over 5 years along with a 10% increase starting in April 2018. The leases are NN with LL being responsible for Roof, Structure, and Parking Lot. Both TSCO and Bealls reimburses Pro-Rata Share of Taxes, Insurance, and CAM. Landlord resurfaced parking lot in 2016. The subject property is located along US-84 (12,000+ VPD) in Mexia, Texas and is surrounded by national credit tenants. Walmart, H-E-B, CVS, McDonalds, O'Reilly Auto Parts, Whataburger, Taco Bell are just a few of the tenants that are less than 1 mile from the subject property. The offering provides great upside potential through an investor leasing the remaining 10K SF vacancy in the center along with the 10% rental increase that Tractor Supply has coming in 2018. Mexia is located at the intersection of US-84 and State Highways 14 and 171. It's approximately 40 miles east of Waco and 1.5 hours south of Dallas/Fort Worth.

PROPERTY TAXES

  • Listing ID: 8933508

  • Date on Market: 8/31/2017

  • Last Updated:

  • Address: 1011 E Milam St, Mexia, TX 76667