Shopping Strip

New Boston Corners

910 James Bowie Dr, New Boston, TX 75570

Listing Price: $2,712,800

Cap Rate
7.25%
Gross SF
13,997
Rentable SF
13,997
Price/Gross SF
$193.81
Lot Size
1.29 acres
Year Built
2005

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a 13,977-square foot, Walmart shadow-anchored, multi-tenant retail center in New Boston, Texas. New Boston Corners has a complementary mix of tenants, and 72 percent of the gross leaseable area has national credit tenants. Tenants include Anytime Fitness, CATO, Domino's Pizza, 9 Nails, and Christus St. Michael Urgent Care. CATO and Domino's Pizza are publicly-traded companies. Additional income is derived from an onsite Wells Fargo ATM, currently under construction. The center is 100 percent occupied, and all gross leasable area has triple-net leases. Constructed in 2005, the center is situated on 1.29-acres. New Boston Corners is located on James Bowie Drive parallel with Interstate 30. The property is shadow-anchored by Walmart Supercenter in the prime retail trade area in New Boston. Other national retailers in the area include Tractor Supply Co., Pizza Hut, Taco Bell, McDonald's, Ace Hardware, H&B Block, O'Reilly Auto Parts, Family Dollar, and more. The center is in close proximity to the Bowie County Courthouse. The center is also near two schools, Crestview Elementary and Oakview Primary School.

Investment Highlights

  • Shadow-Anchored by Walmart Supercenter
  • 100% Occupied | 100% of the Gross Leasable Area has Triple-Net Leases
  • 72% of the Gross Leasable Area has National Credit Tenants
  • Located on James Bowie Drive Parallel with Interstate 30 with High Visibility from the Freeway

Exclusively Listed By

Listing Price: $2,712,800

Cap Rate
7.25%
Gross SF
13,997
Rentable SF
13,997
Price/Gross SF
$193.81
Lot Size
1.29 acres
Year Built
2005

Investment Highlights

  • Shadow-Anchored by Walmart Supercenter
  • 100% Occupied | 100% of the Gross Leasable Area has Triple-Net Leases
  • 72% of the Gross Leasable Area has National Credit Tenants
  • Located on James Bowie Drive Parallel with Interstate 30 with High Visibility from the Freeway

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a 13,977-square foot, Walmart shadow-anchored, multi-tenant retail center in New Boston, Texas. New Boston Corners has a complementary mix of tenants, and 72 percent of the gross leaseable area has national credit tenants. Tenants include Anytime Fitness, CATO, Domino's Pizza, 9 Nails, and Christus St. Michael Urgent Care. CATO and Domino's Pizza are publicly-traded companies. Additional income is derived from an onsite Wells Fargo ATM, currently under construction. The center is 100 percent occupied, and all gross leasable area has triple-net leases. Constructed in 2005, the center is situated on 1.29-acres. New Boston Corners is located on James Bowie Drive parallel with Interstate 30. The property is shadow-anchored by Walmart Supercenter in the prime retail trade area in New Boston. Other national retailers in the area include Tractor Supply Co., Pizza Hut, Taco Bell, McDonald's, Ace Hardware, H&B Block, O'Reilly Auto Parts, Family Dollar, and more. The center is in close proximity to the Bowie County Courthouse. The center is also near two schools, Crestview Elementary and Oakview Primary School.

Exclusively Listed By

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