Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a 16,320-square-foot, multi-tenant retail center located in Jacksonville, Texas. Jacksonville Plaza is currently 100 percent leased, and all leases are on triple-net terms. Anchored by Cato, the tenant base is a complementary mix of largely internet-resistant and service-oriented businesses including 365 Smoke & Vape Shop, Dental Zone, Dynamis Athletics, and Ashroq Financial. The building has a metal roof and is positioned on a 1.1-acre parcel with ample paved parking. Jacksonville Plaza is located on South Jackson Street (Highway 69), the major north-south thoroughfare of the city. The subject property is easily accessible from multiple ingress and egress points. Traffic counts in front of the property exceed 20,367 vehicles per day. Jacksonville Plaza is shadow-anchored by Walmart Supercenter, driving approximately 2.4 million visits annually. Numerous other national and regional retailers are in the area, including Verizon, Chili's Grill & Bar, Jersey Mike's Subs, Great Clips, Take 5 Oil Change, Cricket Wireless, Subway, Scooter's Coffee, Sonic Drive-In, AT&T, Super 1 Foods, Dollar Tree, Tractor Supply Co., AutoZone Auto Parts, Pizza Hut, Schlotzky's, Chicken Express, Harbor Freight, Atwoods, and many more. National hotel chains in close proximity include Best Western, Holiday Inn, La Quinta Inn & Suites, and Executive Inn. The population exceeds 21,643 residents within a five-mile radius.