Cuero Plaza | 1100-1161 N Esplanade St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Cuero Plaza 1100-1161 N Esplanade St
64,868 SF 100% Leased Retail Building Cuero, TX 77954 $5,800,000 ($89/SF) 7% Cap Rate
Investment Highlights
- 100% Occupied property
- 290 feet of US 183 frontage
- 23,718 daily traffic count
- Reduced Price - Higher Cap Rate
Executive Summary
Grocery anchored 64,868 SF building on 3.7 acres with over 290' of US 183 frontage. The new Brookshire Brothers Grocer's flagship store takes up 40,476 SF of the center and is on a NNN Lease and Gross Sales Clause. Cuero, Texas is located on the main artery between Austin, Texas and the coastal areas on the Gulf of Mexico. The city is currently expanding with the opening of a new Amherst Modular Homes Factory and creating 186 new jobs to the area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
64,868 SF
Building Class
B
Year Built/Renovated
1973/2022
Price
$5,800,000
Price Per SF
$89
Cap Rate
7%
NOI
$406,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Land Acres
3.78 AC
Parking
192 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
292 FT on N Esplanade St
Amenities
- Corner Lot
- Food Court
- Signage
- Air Conditioning
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
6,217
9,717
10,545
11,091
2029 Population
6,348
9,923
10,740
11,270
2024-2029 Projected Population Growth
2.1%
2.1%
1.9%
1.6%
Median Age
41.3
41.0
41.8
42.0
College Degree + Higher
17%
15%
15%
10%
Daytime Employees
3,473
4,765
4,914
4,836
Total Businesses
398
514
533
533
Average Household Income
$74,125
$72,924
$74,022
$74,592
Median Household Income
$50,471
$51,521
$52,500
$53,318
Total Consumer Spending
$57.5M
$92.2M
$99.5M
$106.7M
2024 Households
2,101
3,378
3,587
3,810
Average Home Value
$229,010
$207,688
$216,036
$220,776
PROPERTY TAXES
| Parcel Number | 17889 | Improvements Assessment | $3,157,810 |
| Land Assessment | $112,220 | Total Assessment | $3,270,030 |
PROPERTY TAXES
Parcel Number
17889
Land Assessment
$112,220
Improvements Assessment
$3,157,810
Total Assessment
$3,270,030
-
Robert Brooks - Brooks Commercial Group
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Brooks Commercial Group
Cuero Plaza | 1100-1161 N Esplanade St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.