1208 Looney St
Brownwood, TX 76801

SHADY OAKS PLAZA Collett Retail is pleased to exclusively present the opportunity to acquire Shady Oaks Plaza and Pad Site in Brownwood, Texas. • The Property consists of a 100%-leased retail strip and occupied fast food single-tenant building that is shadow-anchored by WalMart and Home Depot. • Brownwood/Early is a regional retail hub approximately 110 miles from SW Fort Worth that serves a population of over 80,000. • The Brownwood/Early market is a regional manufacturing hub and has more factory jobs than Abilene. • Brownwood is home to Howard Payne University (1,189 students, 432 employees); a large industrial district including Kohler (1,145 employees) and 3M (600 employees); and a diverse range of other businesses including oil and gas • The intersection of Hwy 377 and Hwy 183 has the highest traffic counts in Brown County at over 34,000 total vehicles per day. • Property has been well maintained and features a brand new roof (Aug 2019). • The Property offers healthy upside through the opportunity to professionally manage for better efficiencies and drive higher rents over time. Tenancy has proven to be very stable over many years. • New lease renewals with CATO and Premier Rental. No new expirations for 2+ years.