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Shopping Strip

Paluxy River Center

505 & 507 SW Big Bend Trail, Glen Rose, TX 76043

Listing Price: $3,405,500

Cap Rate
7.25%
Gross SF
16,200
Rentable SF
16,200
Price/Gross SF
$210.22
Lot Size
1.52 acres
Year Built
1998

Investment Overview

Paluxy River Center is comprised of two multi-tenant buildings totaling 16,200 square feet in Glen Rose, Texas. The center is currently 93 percent occupied with a complementary mix of credit and local tenants on mostly triple-net leases. The diverse tenant base consists of Four Seasons Cleaners, Pizza Hut, Lone Star Clips, Subway, Kelley Agency, Hood Medical Group, Paluxy River Realty, Yoga For All, and Sunshine Doughnut. Constructed in 1998 and 2000, the buildings feature a metal roof and awnings, situated on 1.52 acres with ample paved parking.

Paluxy River Center is located on Southwest Big Bend Trail with traffic counts in front of the property exceeding 11,088 vehicles per day. Shadow-anchored by Brookshire's grocery store, the property is in close proximity to many national and regional retailers including Tractor Supply Co., Dollar General, O'Reilly Auto Parts, Starbucks, Chicken Express, Sonic Drive-In, 7-Eleven, McDonald's, and others. Many hotels including La Quinta Inn & Suites, Best Western Dinosaur Valley Inn & Suites, Country Woods Inn, Baymont Inn & Suites, and more provide additional traffic to the area. The average household income is $95,763 within three miles; $96,214 within five miles; and $99,438 within ten miles.

Investment Highlights

  • Brookshire's Grocery Shadow-Anchored Retail Center
  • 16,200-Square-Foot, Multi-Tenant Retail Center Comprised of Two Buildings
  • 93% Occupied | Future Upside Potential in Leasing Vacant Space
  • Complementary Mix of National and Local Businesses | 37% of the Gross Leasable Area is Medical
  • Located on Southwest Big Bend Trail | Traffic Counts in Front of the Property Exceed 11,088 Vehicles per Day

Exclusively Listed By

Financing By

Shopping Strip

Paluxy River Center

Listing Price: $3,405,500

Cap Rate
7.25%
Gross SF
16,200
Rentable SF
16,200
Price/Gross SF
$210.22
Lot Size
1.52 acres
Year Built
1998

Investment Highlights

  • Brookshire's Grocery Shadow-Anchored Retail Center
  • 16,200-Square-Foot, Multi-Tenant Retail Center Comprised of Two Buildings
  • 93% Occupied | Future Upside Potential in Leasing Vacant Space
  • Complementary Mix of National and Local Businesses | 37% of the Gross Leasable Area is Medical
  • Located on Southwest Big Bend Trail | Traffic Counts in Front of the Property Exceed 11,088 Vehicles per Day

Investment Overview

Paluxy River Center is comprised of two multi-tenant buildings totaling 16,200 square feet in Glen Rose, Texas. The center is currently 93 percent occupied with a complementary mix of credit and local tenants on mostly triple-net leases. The diverse tenant base consists of Four Seasons Cleaners, Pizza Hut, Lone Star Clips, Subway, Kelley Agency, Hood Medical Group, Paluxy River Realty, Yoga For All, and Sunshine Doughnut. Constructed in 1998 and 2000, the buildings feature a metal roof and awnings, situated on 1.52 acres with ample paved parking. Paluxy River Center is located on Southwest Big Bend Trail with traffic counts in front of the property exceeding 11,088 vehicles per day. Shadow-anchored by Brookshire's grocery store, the property is in close proximity to many national and regional retailers including Tractor Supply Co., Dollar General, O'Reilly Auto Parts, Starbucks, Chicken Express, Sonic Drive-In, 7-Eleven, McDonald's, and others. Many hotels including La Quinta Inn & Suites, Best Western Dinosaur Valley Inn & Suites, Country Woods Inn, Baymont Inn & Suites, and more provide additional traffic to the area. The average household income is $95,763 within three miles; $96,214 within five miles; and $99,438 within ten miles.

Exclusively Listed By

Financing By

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