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Shopping Strip

Roanoke Shopping Center

101 S Oak St, Roanoke, TX 76262

Listing Price: $5,358,000

Cap Rate
6.50%
Gross SF
11,320
Rentable SF
11,320
Price/Gross SF
$473.32
Lot Size
0.51 acres
Year Built
2009

Investment Overview

Roanoke Shopping Center is an 11,320-square-foot, multi-tenant retail center comprised of three unique restaurant concepts located in the Historic Downtown Roanoke, Texas. The center is 100 percent leased, and all leases are triple-net. Tenants consist of Oak and Main Craft Food + Spirits, Inzo Italian Kitchen, and Baja Cantina. All three suites feature outdoor patio dining in the heart of a vibrant, pedestrian-friendly shopping and dining district.

The subject property is located on South Oak Street, at the hard corner intersection with Main Street. Historic Downtown Roanoke is a popular destination for dining, boutique shopping, and entertainment situated over nine blocks on Oak Street. The Texas House of Representatives have officially appointed the area as "The Unique Dining Capital of Texas". The area is pedestrian friendly and hosts a variety of concerts, special events, and festivals throughout the year. Roanoke City Hall, community center, recreation center, public library, and visitor center and museum are all located in the downtown area.

Investment Highlights

  • Fully Stabilized, Three-Tenant Asset
  • Prime Location in Historic Downtown Roanoke
  • Three Blocks from Planned Development of New Hotel and Conference Center
  • Affluent Demographics and Strong Buying Power

Exclusively Listed By

Financing By

Shopping Strip

Roanoke Shopping Center

Listing Price: $5,358,000

Cap Rate
6.50%
Gross SF
11,320
Rentable SF
11,320
Price/Gross SF
$473.32
Lot Size
0.51 acres
Year Built
2009

Investment Highlights

  • Fully Stabilized, Three-Tenant Asset
  • Prime Location in Historic Downtown Roanoke
  • Three Blocks from Planned Development of New Hotel and Conference Center
  • Affluent Demographics and Strong Buying Power

Investment Overview

Roanoke Shopping Center is an 11,320-square-foot, multi-tenant retail center comprised of three unique restaurant concepts located in the Historic Downtown Roanoke, Texas. The center is 100 percent leased, and all leases are triple-net. Tenants consist of Oak and Main Craft Food + Spirits, Inzo Italian Kitchen, and Baja Cantina. All three suites feature outdoor patio dining in the heart of a vibrant, pedestrian-friendly shopping and dining district. The subject property is located on South Oak Street, at the hard corner intersection with Main Street. Historic Downtown Roanoke is a popular destination for dining, boutique shopping, and entertainment situated over nine blocks on Oak Street. The Texas House of Representatives have officially appointed the area as "The Unique Dining Capital of Texas". The area is pedestrian friendly and hosts a variety of concerts, special events, and festivals throughout the year. Roanoke City Hall, community center, recreation center, public library, and visitor center and museum are all located in the downtown area.

Exclusively Listed By

Financing By

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