Investment Overview
This prime downtown strip mall presents a compelling investment opportunity with its strategic location, stable tenant base, and potential for rental income growth. With its strong income potential, high demand, and convenient accessibility, this property is an ideal choice for investors seeking a valuable addition to their portfolio.
Investment Highlights
- ±10,000 sf strip mall providing multiple income streams
- Well-maintained and visually appealing
- Ample windows and prominent signage for maximum visibility and tenant branding
- Established and diversified tenant mix of reputable local and national brands
- Long-term leases in place, ensuring stable and consistent rental income
- A proven track record of tenant retention and strong occupancy rates
- Excellent potential for a high return on investment
- Opportunity for rental rate growth with the potential for lease renewals and market adjustments
- Dedicated parking lot
- Lot size at 0.46 acres (Block 563.4, Lot 1 including Block 563-TT, Lots 1-8)
- Taxes at $53,558.00 (2024)
- Please call for sale price