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766/807 Hurst Street, Center, TX 75935

$2,315,000
: 8
BA
: 19,500
SqFt

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List Price: $2,315,000
Status: PENDING
MLS#: 22200781
Bathrooms: 8
Living Area: 19,500
Lot Size (Acres): 1.85
Year Built: 2020

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Property Description

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.

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Additional Information

Area: Shelby
Subdivision: Other
Stories: 1
Heating: Other
Cooling: Central Air, Electric
Roof: Metal
Water: Public
Sewer: Public Sewer