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Shopping Strip

Pecan Reserve Business Center I & II

1315 Waters Edge Dr, Granbury, TX 76048

Listing Price: $6,448,000

Cap Rate
7.25%
Gross SF
30,000
Rentable SF
30,000
Price/Gross SF
$214.93
Lot Size
2.92 acres
Year Built
2006

Investment Overview

Pecan Reserve Business Center I & II is comprised of two mixed-use, multi-tenant buildings totaling 30,000 square feet located in Granbury, Texas. The center is currently 95 percent occupied with a mix of triple-net and gross leases, providing future upside potential. The diverse tenant base consists of medical, office, and government tenants such as USDA, Lakeside Physicians, Healthy Connections, Cornerstone Caregiving, Veranda Dental, and others. Constructed in 2006 and 2008, the buildings are situated on two parcels totaling 2.92 acres. Both buildings have metal roofs with paved parking spaces on all sides.

Pecan Reserve Business Center I & II are located on Waters Edge Drive just south of US Highway 377. The property is in close proximity to many national retailers including Lowe's Home Improvement, Walmart, Dollar Tree, The Home Depot, Staples, Planet Fitness, Starbucks, Chick-fil-A, Sherwin Williams, Walgreens, and more. Over 44,300 residents are within five miles of the property, having an average household income of $92,968.

Investment Highlights

  • 30,000-Square-Foot, Multi-Tenant Flex Center | Comprised of Two Buildings
  • 95% Occupied | 78% of the GLA has Triple-Net Terms | Future Upside Potential
  • Complementary Mix of Medical, Office, and Government Tenants
  • Near Dense Retail Trade Corridor Featuring National Retailers such as Lowe's Home Improvement, Walmart, Dollar Tree, The Home Depot, Staples, Planet Fitness, and More

Exclusively Listed By

Financing By

Shopping Strip

Pecan Reserve Business Center I & II

Listing Price: $6,448,000

Cap Rate
7.25%
Gross SF
30,000
Rentable SF
30,000
Price/Gross SF
$214.93
Lot Size
2.92 acres
Year Built
2006

Investment Highlights

  • 30,000-Square-Foot, Multi-Tenant Flex Center | Comprised of Two Buildings
  • 95% Occupied | 78% of the GLA has Triple-Net Terms | Future Upside Potential
  • Complementary Mix of Medical, Office, and Government Tenants
  • Near Dense Retail Trade Corridor Featuring National Retailers such as Lowe's Home Improvement, Walmart, Dollar Tree, The Home Depot, Staples, Planet Fitness, and More

Investment Overview

Pecan Reserve Business Center I & II is comprised of two mixed-use, multi-tenant buildings totaling 30,000 square feet located in Granbury, Texas. The center is currently 95 percent occupied with a mix of triple-net and gross leases, providing future upside potential. The diverse tenant base consists of medical, office, and government tenants such as USDA, Lakeside Physicians, Healthy Connections, Cornerstone Caregiving, Veranda Dental, and others. Constructed in 2006 and 2008, the buildings are situated on two parcels totaling 2.92 acres. Both buildings have metal roofs with paved parking spaces on all sides. Pecan Reserve Business Center I & II are located on Waters Edge Drive just south of US Highway 377. The property is in close proximity to many national retailers including Lowe's Home Improvement, Walmart, Dollar Tree, The Home Depot, Staples, Planet Fitness, Starbucks, Chick-fil-A, Sherwin Williams, Walgreens, and more. Over 44,300 residents are within five miles of the property, having an average household income of $92,968.

Exclusively Listed By

Financing By

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