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Hurst St

2 Retail Properties Offered at $2,315,000 in Center, TX

Retail Space Texas Center Hurst St

Investment Highlights

  • High Traffic
  • Mix of Stabilized Income and Value Add
  • Great Signage/Visibility

Executive Summary

High visibility retail strip centers with mix of stabilized income across (2) buildings and (7) in-place tenant leases and value add opportunity in the areas of roof line expansion, lease restructure and mark-to-market opportunities and lease-up of the (23) newly constructed self storage units with room to add up to (15) more. With a Net Operating Income of $223,469.09, the going-in cap rate is 9.65% at the asking price.

Attachments

766 and 807 Hurst St_Offering Package 2024RF

Property Facts

Price $2,315,000 Status Active
Price / SF $118.72 / SF Number of Properties 2
Sale Conditions Bulk/Portfolio Sale Individually For Sale 0
Cap Rate 9.65% Total Building Size 19,500 SF
Sale Type Investment Total Land Area 1.85 AC
Price $2,315,000
Price / SF $118.72 / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 9.65%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 19,500 SF
Total Land Area 1.85 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
807 Hurst St, Center, TX 75935 Retail 15,000 SF 2005 -
766 Hurst St, Center, TX 75935 Retail 4,500 SF 2020 -
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(713) 319-4467

  • Listing ID: 26386450

  • Date on Market: 8/11/2022

  • Last Updated:

  • Address: Hurst St, Center, TX

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Hurst St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 1 of 8
807 Hurst St Exterior 4
Hurst St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 2 of 8
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Hurst St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 3 of 8
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Hurst St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 4 of 8
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Hurst St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 5 of 8
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Hurst St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 6 of 8
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Hurst St portfolio of 2 properties for sale on LoopNet.com Building Photo- Image 7 of 8
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Hurst St
(713) 319-4467 x

Hurst St

Jonathan Dunn

(713) 319-4467

(713) 319-4467

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