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Shopping Strip

Seagoville Shopping Center

110 US-175 Frontage Rd, Seagoville, TX 75159

Listing Price: $2,297,000

Cap Rate
6.75%
Gross SF
6,549
Rentable SF
6,549
Price/Gross SF
$350.74
Lot Size
1.13 acres
Year Built
2003

Investment Overview

Seagoville Shopping Center is a 6,549-square-foot, multi-tenant retail center located in Seagoville, Texas. The building is currently 100 percent occupied, and all leases are triple-net. Tenants consist of a complementary mix of national and local tenants, including the Cash Store, Cricket Wireless, Sky Rise Vapor, and Value Dental. Constructed in 2008, the property consists of two buildings situated on two parcels totaling 1.13 acres with ample paved parking. Two double-sided pylon signs provide additional exposure to the center.

The subject property is located on U.S. Highway 175 in a Walmart Supercenter-anchored retail development that is easily accessible from multiple ingress and egress points. U.S. Highway 175 is the city's major thoroughfare, with traffic counts in front of the property exceeding 52,620 vehicles per day. The center is shadow-anchored by a high traffic Walmart Supercenter, drawing more than two million visitors per year. Other nearby national retailers include CATO Fashions, Rent-A-Center, Dollar Tree, Game Stop, Sally Beauty Supply, Domino's, Wing Stop, T-Mobile, AutoZone, AT&T, H&R Block, Boost Mobile, McDonald's, Wendy's, Walgreens, Jack in the Box, Starbucks, Panda Express, Tractor Supply, Little Caesar's Pizza, O'Reilly Auto Parts, Super 1 Foods, Burkes Outlet, and many more. The surrounding area is densely populated, serving a population exceeding 70,000 residents within a five-mile radius and 305,000 within a 10-mile radius. The average household income is $63,138 within one mile; $65,178 within three miles; and $64,437 within five miles.

Investment Highlights

  • Fully Stabilized Asset | 100% Occupied | All Leases are Triple-Net
  • Shadow-Anchored by a Walmart Supercenter | Major Traffic Driver to the Area with an Estimated 2.0 Million Visitors Annually and Ranks in the 63rd Percentile in the State of Texas
  • Complementary Mix of National and Local Tenants | The Cash Store has Been in the Center for 19+ Years
  • Located on U.S. Highway 175, the City's Primary Thoroughfare | High Traffic Counts Exceeding 52,620 Vehicles Per Day

Exclusively Listed By

Shopping Strip

Seagoville Shopping Center

Listing Price: $2,297,000

Cap Rate
6.75%
Gross SF
6,549
Rentable SF
6,549
Price/Gross SF
$350.74
Lot Size
1.13 acres
Year Built
2003

Investment Highlights

  • Fully Stabilized Asset | 100% Occupied | All Leases are Triple-Net
  • Shadow-Anchored by a Walmart Supercenter | Major Traffic Driver to the Area with an Estimated 2.0 Million Visitors Annually and Ranks in the 63rd Percentile in the State of Texas
  • Complementary Mix of National and Local Tenants | The Cash Store has Been in the Center for 19+ Years
  • Located on U.S. Highway 175, the City's Primary Thoroughfare | High Traffic Counts Exceeding 52,620 Vehicles Per Day

Investment Overview

Seagoville Shopping Center is a 6,549-square-foot, multi-tenant retail center located in Seagoville, Texas. The building is currently 100 percent occupied, and all leases are triple-net. Tenants consist of a complementary mix of national and local tenants, including the Cash Store, Cricket Wireless, Sky Rise Vapor, and Value Dental. Constructed in 2008, the property consists of two buildings situated on two parcels totaling 1.13 acres with ample paved parking. Two double-sided pylon signs provide additional exposure to the center. The subject property is located on U.S. Highway 175 in a Walmart Supercenter-anchored retail development that is easily accessible from multiple ingress and egress points. U.S. Highway 175 is the city's major thoroughfare, with traffic counts in front of the property exceeding 52,620 vehicles per day. The center is shadow-anchored by a high traffic Walmart Supercenter, drawing more than two million visitors per year. Other nearby national retailers include CATO Fashions, Rent-A-Center, Dollar Tree, Game Stop, Sally Beauty Supply, Domino's, Wing Stop, T-Mobile, AutoZone, AT&T, H&R Block, Boost Mobile, McDonald's, Wendy's, Walgreens, Jack in the Box, Starbucks, Panda Express, Tractor Supply, Little Caesar's Pizza, O'Reilly Auto Parts, Super 1 Foods, Burkes Outlet, and many more. The surrounding area is densely populated, serving a population exceeding 70,000 residents within a five-mile radius and 305,000 within a 10-mile radius. The average household income is $63,138 within one mile; $65,178 within three miles; and $64,437 within five miles.

Exclusively Listed By

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