766/807 Hurst Street, Center, TX
$2,315,000
MLS 22200781 Retail
High visibility retail strip centers with mix of stabilized income across (2) buildings and (7) in-place tenant leases and value add opportunity in the areas of roof line expansion, lease restructure and mark-to-market opportunities and lease-up of the (23) newly constructed self storage units with room to add up to (15) more. With a Pro Forma Year 1 Net Operating Income of $217,753.72, the going in cap rate is 9.65% at the asking price.
19,500 sq.ft.
1.8500 acre lot
Jonathan Dunn
(713) 319-4467
jdunn@cpre.com
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CPRE Commercial, a Division of CHARLES POOL REAL ESTATE, INC.
3505 North Street, Nacogdoches, TX 75965
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