Marshall Plaza
Value Add Retail | $48 per SF | 4.84 Acres
Marketing description
Diversified Realty Exchange, LLC is pleased to present a value-add neighborhood retail center located at 620 E End Blvd S, Marshall, TX along US Highway 59, Marshall’s primary retail corridor.
The 45,680 SF center sits on 4.84 acres and is offered at a low $48 per square foot, well below replacement cost. The property is 100% leased and generates approximately $178,000 in Net Operating Income, offering immediate cash flow with upside potential.
The tenant mix includes Planet Fitness, Citi Trends, and Cash Saver. Planet Fitness anchors the center under a long-term NNN lease, while Citi Trends and Cash Saver are on gross leases, presenting clear upside through conversion to market rents and NNN lease structures. Average in-place rents are approximately $5 per SF, providing meaningful rental growth potential.
Cash Saver is currently not operating at the property; however, the tenant continues to pay rent through June 2027, allowing a new owner to actively re-tenant the space while maintaining income.
This offering presents an attractive opportunity to acquire a well-located retail asset with stable in-place income, below-market rents, and strong value-add potential.
For more information, reach out directly to Gio Gaviria (786)-219-6292
Investment highlights
Value-Add Neighborhood Retail Center
Low Price per SF - Just $48/SF on 45,680 SF, well below replacement cost
Large Land Component. Situated on 4.84 acres along US Highway 59, Marshall’s primary retail corridor
Low rents of approximately $5/SF, providing upside through lease restructuring and re-tenanting
Planet Fitness: Anchors the center under a NNN lease with just under five years of term remaining and one 5-year renewal option featuring a 10% rental increase
Citi Trends: Long-Term Occupancy - operating at the property since 2007 with one renewal option remaining.
Cash Saver: Income While Re-Tenanting - tenant has vacated the space but continues to pay rent through June 2027, allowing a buyer to collect income while actively marketing the space
Clear Path to NNN Conversion: Citi Trends and Cash Saver are on gross leases, offering upside through conversion to NNN lease structures
For more information, reach out to Gio Gaviria (786)-219-6292
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