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27914358
27914359

1100 N Esplanade St, Cuero, TX 77954

BK
IL 475.192923
Sands Investment Group
Listed by Sands Investment Group
$5,138,000
218 days on market
Updated 81 days ago

Cuero Plaza - Cuero, TX

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 64,195
Cap Rate 7.5%
NOI $385,333
Occupancy 96.6%
Tenancy Multi
Brand/Tenant Dollar General, Brookshire Bros (+10)
Price per SqFt $80
Year Built 1987
Year Renovated 2022
Acreage 3.780
Investment Type Net Lease

Value-Add Retail Center | Anchored by Brookshire Brothers | Low Rent | Tax Free State

Marketing description

Sands Investment Group is pleased to exclusively offer for sale the Cuero Plaza, a 64,195 SF retail center located at 1100 N Esplanade St in Cuero, TX. The property is anchored by the regionally popular Brookshire Brothers, a new 2022 location that drives consistent traffic to the center. Offering strong value-add potential, Cuero Plaza benefits from low in-place rents averaging approximately $6.50 PSF, while market rents exceed $10 PSF (per CoStar), creating an exceptional opportunity for rental growth and long-term upside.

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Investment highlights

  • Anchored by regionally popular Brookshire Brothers, featuring a new 2022 location.

  • Rare low-rent opportunity with Brookshire Brothers operating on $5 PSF and occupying 62.4% of the GLA.

  • Top-performing tenants, with Brookshire Brothers and Dollar General exceeding chain averages.

  • Strategic corner site at the prominent intersection of N Esplanade and E Bailey.

  • Value-add potential driven by low average on-site rent of approximately $6.50 PSF, compared to market rents above $10 PSF (per CoStar).

  • Easily accessible property with multiple points of ingress and egress.

  • Attractive tenant mix offering a diverse combination of national and regional credit tenants.

Listing Contacts

BK
IL 475.192923
Sands Investment Group
Listed by Sands Investment Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$385,333.00
$32,111.08/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Max Freedman
License
TX #644481
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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