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Shopping Strip

El Campo Shopping Center

3415 West Loop, El Campo, TX 77437

Listing Price: $1,626,500

Cap Rate
6.50%
Gross SF
8,303
Rentable SF
8,303
Price/Gross SF
$195.89
Lot Size
0.97 acres
Year Built
2005

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire an 8,303-square-foot, multi-tenant retail center that is shadow-anchored by a Walmart Supercenter in El Campo, Texas. The center is currently 100 percent leased, and all leases are triple-net. The tenant base is a complementary mix of service-oriented businesses, including Rent-A-Center, Fancy Nails, and Redrum Smoke & Vape. At closing, the seller will execute a master lease for the remaining vacant suite. The center was constructed in 2005 and is situated on a 0.97-acre parcel. Seller reports that a new thermoplastic TPO roof was installed in the fall of 2021. Shadow-anchored by Walmart Supercenter, the subject property is located on West Loop Street (FM 2765) near the signalized intersection with North Mechanic Street (Highway 71). The subject property is easily accessible from multiple ingress and egress points. National and regional retailers neighboring the property including Tractor Supply, Hibbett Sports, Cato, Great Clips, AT&T Wireless, Shoe Dept., and many others. The center is also in close proximity to El Campo Memorial Hospital, one of the leading rural health care hospitals in the gulf coast region. El Campo Memorial Hospital services the entire rice-belt area, with many of the patients being from Wharton, El Campo, and the surrounding areas.

Investment Highlights

  • 8,303-Square-Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter
  • 100% Leased | All Leases are Triple-Net
  • Anchored by Rent-A-Center (50% of the GLA) | Long-Term Tenant that has been in the Center for More Than 16 Years | Lease has a Corporate Guaranty from a Publicly Traded Company (NASDAQ: RCII)

Exclusively Listed By

Shopping Strip

El Campo Shopping Center

Listing Price: $1,626,500

Cap Rate
6.50%
Gross SF
8,303
Rentable SF
8,303
Price/Gross SF
$195.89
Lot Size
0.97 acres
Year Built
2005

Investment Highlights

  • 8,303-Square-Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter
  • 100% Leased | All Leases are Triple-Net
  • Anchored by Rent-A-Center (50% of the GLA) | Long-Term Tenant that has been in the Center for More Than 16 Years | Lease has a Corporate Guaranty from a Publicly Traded Company (NASDAQ: RCII)

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire an 8,303-square-foot, multi-tenant retail center that is shadow-anchored by a Walmart Supercenter in El Campo, Texas. The center is currently 100 percent leased, and all leases are triple-net. The tenant base is a complementary mix of service-oriented businesses, including Rent-A-Center, Fancy Nails, and Redrum Smoke & Vape. At closing, the seller will execute a master lease for the remaining vacant suite. The center was constructed in 2005 and is situated on a 0.97-acre parcel. Seller reports that a new thermoplastic TPO roof was installed in the fall of 2021. Shadow-anchored by Walmart Supercenter, the subject property is located on West Loop Street (FM 2765) near the signalized intersection with North Mechanic Street (Highway 71). The subject property is easily accessible from multiple ingress and egress points. National and regional retailers neighboring the property including Tractor Supply, Hibbett Sports, Cato, Great Clips, AT&T Wireless, Shoe Dept., and many others. The center is also in close proximity to El Campo Memorial Hospital, one of the leading rural health care hospitals in the gulf coast region. El Campo Memorial Hospital services the entire rice-belt area, with many of the patients being from Wharton, El Campo, and the surrounding areas.

Exclusively Listed By

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