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

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

942 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

301 Tanger Dr
Terrell, TX 75160

The Shops at Terrell · Retail Property For Sale

Storefront Properties Texas Terrell 301 Tanger Dr, Terrell, TX 75160

Investment Highlights

  • 39-Unit Shopping Center | Strong National Tenants | New Roof in 2023
  • Exceptional Tenant Stability And Long-Term Success
  • Strategic Location | Frontage Along I-20 | 22.5+ Million Annual Vehicles
  • 1.3 Million Visits in the Last 12 Months | Large Trade Area
  • Below Market Rents | Significant Upside

Executive Summary

Value-Add Retail Asset with Below Market Rents

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
177,800 SF
Building Class
B
Year Built
1994
Price
$23,500,000
Price Per SF
$132
Cap Rate
9%
NOI
$2,115,000
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
23.21 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Commercial
Parking
1,543 Spaces (8.68 Spaces per 1,000 SF Leased)
Frontage
2,013 FT on Tanger Dr

Amenities

  • Freeway Visibility
  • Property Manager on Site
  • Pylon Sign
  • Signage

PROPERTY TAXES

Parcel Number 39637 Improvements Assessment $16,197,639
Land Assessment $1,011,028 Total Assessment $17,208,667

PROPERTY TAXES

Parcel Number
39637
Land Assessment
$1,011,028
Improvements Assessment
$16,197,639
Total Assessment
$17,208,667
 

  • Listing ID: 34174136

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 301 Tanger Dr, Terrell, TX 75160

More public record information on 301 Tanger Dr, Terrell, TX 75160

The Retail Property at 301 Tanger Dr, Terrell, TX 75160 is currently available for sale. Contact Northmarq for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/11
301 Tanger Dr, Terrell, TX for sale Building Photo- Image 1 of 11
The Shops at Terrell
301 Tanger Dr, Terrell, TX for sale Building Photo- Image 2 of 11
The Shops at Terrell
301 Tanger Dr, Terrell, TX for sale Building Photo- Image 3 of 11
The Shops at Terrell
301 Tanger Dr, Terrell, TX for sale Building Photo- Image 4 of 11
The Shops at Terrell
301 Tanger Dr, Terrell, TX for sale Building Photo- Image 5 of 11
The Shops at Terrell
301 Tanger Dr, Terrell, TX for sale Building Photo- Image 6 of 11
The Shops at Terrell
301 Tanger Dr, Terrell, TX for sale Building Photo- Image 7 of 11
The Shops at Terrell
301 Tanger Dr, Terrell, TX for sale Building Photo- Image 8 of 11
The Shops at Terrell
301 Tanger Dr, Terrell, TX for sale Interior Photo- Image 9 of 11
The Shops at Terrell
301 Tanger Dr, Terrell, TX for sale Interior Photo- Image 10 of 11
The Shops at Terrell

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link