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3201 W 7th Ave

12,000 SF 65% Leased Retail Building Corsicana, TX 75110 $1,995,000 ($166/SF)

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Executive Summary

Multi Tenant Shopping Center for Sale. Property enjoys prime Hwy 31 frontage directly adjacent to Navarro College at a 4 way signaled intersection. Hwy 31 has a middle turn lane in front of the property. Property is for sale along with .82 acre vacant lot adjacent on the west side which could be used for expansion. Property has a full concrete parking lot with plenty of spaces for all units.
Key features:
-12,000 total sf space
-4 units
-full concrete parking lot with multiple entrances
-Excellent visibility on Hwy 31
-includes .82 acre vacant lot for expansion or development
-less than 1 mile from brand new Academy/Hobby Lobby anchored retail development
Traffic count: 16,000+ VPD

3201 W 7th Ave Shopping Center Flyer

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

12,000 SF

Building Class

Year Built

2003

Price

$1,995,000

Price Per SF

$166

Percent Leased

65%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.15

Lot Size

1.88 AC

Opportunity Zone

Yes

Zoning

General Retail - General Retail (GR)

Frontage

178 FT on West 7th Avenue

Space Availability

1st Floor
2,000-4,175 SF
Office/Retail
-
Now

Prime commercial space available directly across from Navarro College flagship campus. 4,175 sf of space available for gross lease. Available immediately. Highlights: -50 miles to Waco and downtown Dallas -Hwy 31 frontage -Adjacent to Navarro College -1/2 mile from new Academy/Hobby Lobby development Space details: -4,175 contiguous SF divisible (2000 & 2,175 sf) -space formerly utilized by office and retail occupants