West Adams Retail Strip | 5414 W Adams Ave
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!
West Adams Retail Strip 5414 W Adams Ave
6,560 SF 100% Leased Retail Building Temple, TX 76502 $3,415,000 ($521/SF) 7% Cap Rate
Investment Highlights
- 100% Occupied | Strong E-Commerce Resistant Tenant Mix | Options To Extend | NNN Leases
- Strong Demographics In 5-Mile Trade Area
- Strategical Location | Excellent Visibility and Access | Quick Access to Interstate 35 (133,600 VPD)
Executive Summary
• The subject property is strategically located on a busy thoroughfare serving the city of Temple, and enjoys a significant street-front on West Adams Ave with over 31,000 vehicles pass by per day
• A huge pylon sign attracting customers
• Strategically located off the loop headed towards the Baylor Scott and White Facilities and New Walmart Supercenter
• H-E-B owns the property directly across the street with a plan to develop a new grocery store
• Nearby National/Credit tenants attracts customers to the direct trade area and strong tenant synergy promotes crossover shopping to the subject property
• The site is a quick has a quick access to on/off ramp to State Highway 363 (46,000 VPD), which leads to Interstate 35 (133,600) within a quick drive
• A huge pylon sign attracting customers
• Strategically located off the loop headed towards the Baylor Scott and White Facilities and New Walmart Supercenter
• H-E-B owns the property directly across the street with a plan to develop a new grocery store
• Nearby National/Credit tenants attracts customers to the direct trade area and strong tenant synergy promotes crossover shopping to the subject property
• The site is a quick has a quick access to on/off ramp to State Highway 363 (46,000 VPD), which leads to Interstate 35 (133,600) within a quick drive
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,560 SF
Building Class
B
Year Built
2019
Price
$3,415,000
Price Per SF
$521
Cap Rate
7%
NOI
$239,050
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Land Acres
0.99 AC
Zoning
Commercial
Parking
45 Spaces (6.86 Spaces per 1,000 SF Leased)
Frontage
208 FT on West Adams Avenue
PROPERTY TAXES
| Parcel Number | 489833 | Improvements Assessment | $1,864,672 |
| Land Assessment | $355,776 | Total Assessment | $2,220,448 |
PROPERTY TAXES
Parcel Number
489833
Land Assessment
$355,776
Improvements Assessment
$1,864,672
Total Assessment
$2,220,448
-
Power Broker Jeff Gates -
SRS Real Estate Partners
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
West Adams Retail Strip | 5414 W Adams Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.