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Shopping Strip

Going Dark Brookshire's

104 N Main St, Huntington, TX 75949

Listing Price: $880,000

Cap Rate
16.17%
Gross SF
30,000
Rentable SF
30,000
Price/Gross SF
$29.33
Lot Size
3.22 acres
Year Built
1986

Investment Overview

Marcus & Millichap is pleased to present an est. 30,000-square-foot center with a going dark Brookshire Brother's in Huntington, Texas. This is a unique opportunity to acquire a stabilized center with an attractive seller carry option available. It is priced below the cost of replacement and has substantial cash flow to mitigate your holding cost as you work to re-tenant the space. It is 100 percent occupied with a gross lease and is priced at $29 per square-foot. The property is situated on 3.22 acres with multiple ingress and egress points in a growing retail corridor.

Main Street Retail is located on North Highway 69 which provides great visibility and exceeds 15,705 vehicles per day. The property benefits from a hard lighted corner location along with ample parking spaces. There are many national and regional tenants in the surrounding area, including Dollar General, Family Dollar, Dairy Queen, Sonic and O'Reilly Auto Parts. It is also in a dense educational area with close proximity to Huntington Elementary School, Middle School and High School.

Investment Highlights

  • Est. 30,000 Square-Foot Single Tenant Grocery Anchored Retail Center | 100% Occupied with a Gross Lease
  • Seller Carry Option Available | 5% Interest Rate | 5-Year Term | Amortized over 5 Years | LTV Can Vary
  • Priced at $29 per Square-Foot | Well Below Cost of Replacement
  • Located on a Hard Lighted Corner
  • Property is Situated on a 3.22 Acre Parcel with Ample Parking Spaces
  • Accessible from Multiple Ingress and Egress Points
  • Great Visibility from North Highway 69 Exceeding 15,705 Vehicles per Day
  • National and Regional Tenants in the Surrounding Area Including Dollar General, Family Dollar, Dairy Queen, Sonic, and O'Reilly Auto Parts

Exclusively Listed By

Shopping Strip

Going Dark Brookshire's

Listing Price: $880,000

Cap Rate
16.17%
Gross SF
30,000
Rentable SF
30,000
Price/Gross SF
$29.33
Lot Size
3.22 acres
Year Built
1986

Investment Highlights

  • Est. 30,000 Square-Foot Single Tenant Grocery Anchored Retail Center | 100% Occupied with a Gross Lease
  • Seller Carry Option Available | 5% Interest Rate | 5-Year Term | Amortized over 5 Years | LTV Can Vary
  • Priced at $29 per Square-Foot | Well Below Cost of Replacement
  • Located on a Hard Lighted Corner
  • Property is Situated on a 3.22 Acre Parcel with Ample Parking Spaces
  • Accessible from Multiple Ingress and Egress Points
  • Great Visibility from North Highway 69 Exceeding 15,705 Vehicles per Day
  • National and Regional Tenants in the Surrounding Area Including Dollar General, Family Dollar, Dairy Queen, Sonic, and O'Reilly Auto Parts

Investment Overview

Marcus & Millichap is pleased to present an est. 30,000-square-foot center with a going dark Brookshire Brother's in Huntington, Texas. This is a unique opportunity to acquire a stabilized center with an attractive seller carry option available. It is priced below the cost of replacement and has substantial cash flow to mitigate your holding cost as you work to re-tenant the space. It is 100 percent occupied with a gross lease and is priced at $29 per square-foot. The property is situated on 3.22 acres with multiple ingress and egress points in a growing retail corridor. Main Street Retail is located on North Highway 69 which provides great visibility and exceeds 15,705 vehicles per day. The property benefits from a hard lighted corner location along with ample parking spaces. There are many national and regional tenants in the surrounding area, including Dollar General, Family Dollar, Dairy Queen, Sonic and O'Reilly Auto Parts. It is also in a dense educational area with close proximity to Huntington Elementary School, Middle School and High School.

Exclusively Listed By

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