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Note
Cash flowing Shopping Center
Listing was updated at: 12/07/2018
Property Overview
Price/Rent PSF $ 350,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 3,484
Date Available 12/07/2018
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Description

Location
Located in the heart of Lake hills TX, close to the Medina Lake boat ramp. Located just two miles west of FM 1283 this shopping center is 75% leased and located fronting a heavily traveled road. Retail spaces have excellent visibility from the main road. Office/warehouse and retail space available immediately in Lake Hills, TX just a few blocks from Medina Lake. This center is located in the heart of Lake Hills with road frontage on the heavily traveled Park Road 37, easily accessible off street front of building parking with overflow at the rear of building. One finished and two build out spaces available while they last. Ideal for Mixed Retail, Place of Worship, Meeting Room, Church, Office, Lawyers office, restaurant, Real Estate etc. A fantastic opportunity to work alongside already well established businesses. This small strip center is a must see. Reasonable rent rates make this a great opportunity. Owners have recently done a lot of building updating and shows it. Call for more info

Sale
Charming little strip center located on Park road 37 in Lake Hills TX. The property has six rental units with only three occupied at this time. Tenants are currently on a month to month lease. To the rear of the property is seven dividers that appear to have been used for selling landscape materials and could be utilized as RV or boat parking rent spots. Each unit is separately metered with a house meter as well. The center has limited parking along Park rd 37 but ample parking to the rear of the building. Water is serviced by a well and sewer by a septic system. This is a great opportunity for a 1031 client with the means of leasing themselves or having a management company lease for them. This center has shared restrooms. please bring all offers.

Location

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