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2101 Avenue F NW
Childress, TX 79201

Greenbelt Plaza · Retail Property For Sale

Investment Highlights

  • Shadow Anchored by United Supermarkets and Tractor Supply Company
  • 91.25 percent leased
  • Significant upside potential by increasing current "below market" rents upon lease expirations and leasing up vacant space
  • In-Place cap rate of 9.14 percent and Proforma cap rate of 9.27 percent
  • Ideally located at the intersection of heavily trafficked US Highway 287 and US Highway 62/83

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
24,699 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
4.45 AC

About 2101 Avenue F NW , Childress, TX 79201

Vanguard Real Estate Advisors has been retained on an exclusive basis to offer for sale Greenbelt Plaza (the "Property"), a 24,699 square foot shopping center for $1,695,000 ($68.63 PSF). Greenbelt Plaza is currently 91.25% leased and provides investors with attractive in-place yields generated through a solid mix of regional and national tenancy. The Property is strategically located in the heart of Childress, TX at the southwest corner of the highly trafficked US Highway 287 and US Highway 62 intersection; the region's two primary traffic arteries. A co-broker fee is available to a Broker that sources a Principal that Vanguard REA has not previously contacted regarding this opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11000-01045-00000-000000
Land Assessment
$0
Improvements Assessment
$1,416,611
Total Assessment
$1,416,611
  • Listing ID: 18638347

  • Date on Market: 2/25/2020

  • Last Updated:

  • Address: 2101 Avenue F NW, Childress, TX 79201

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