Listed by The Stainback Organization
$3,999,000
Rowlett Shopping Center
Details
Property Type Office, Retail
Sub Type Shopping Center
Square Footage 6,200
Cap Rate 6.27%
Occupancy 100%
Tenancy Multi
Brand/Tenant Chick-fil-A
Lease Type NNN
Rent Bumps Yes
Pro-Forma Cap Rate 6.27%
Pro-Forma NOI $250,800
Price per SqFt $645
Year Built 2020
Buildings 1
Stories 1
Acreage 1.810
Investment Type Net Lease
Office | 6,200 SqFt
Investment highlights
• GROCERY-SANDWICHED RETAIL CENTER (WALMART & SPROUTS)
• HIGH AVERAGE HH INCOME
• SURROUNDED BY WELL-KNOWN FRANCHISES
• VISIBLE TO OVER 45,000 VEHICLES PER DAY
• NEIGHBORHOOD AND REGIONAL TRAFFIC
Listing Contacts
Listed by The Stainback Organization
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