The Llano Real Estate
Listed by The Llano Real Estate, Llano Brokerage, LLC
$2,300,000
Northgate Shopping Center
Details
APN 11165
Property Type Retail
Sub Type Shopping Center
Square Footage 48,835
Units 11
Cap Rate 10.20%
NOI $219,317
Price per SqFt $47
Class C
Stories 1
Lot Size (SqFt) 175,865
Retail | 10.20% CAP | 48,835 SqFt
Marketing description
Immerse your retail venture in the spirited atmosphere of Hereford, TX, where the Northgate Shopping Center stands as a prime commercial destination. Surrounded by a thriving community, this locale enjoys bustling foot traffic and a robust consumer base. In close proximity, the downtown area beckons with an array of specialty shops and dining establishments, creating a welcoming environment for retail businesses. With convenient access to major transportation routes, the area is positioned to attract both local and visiting patrons. Take advantage of the strategic positioning and lively ambiance to elevate your retail presence and capitalize on the dynamic opportunities that Hereford has to offer.
Listing Contacts
The Llano Real Estate
Listed by The Llano Real Estate, Llano Brokerage, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$219,317.00
$18,276.42/mo
Valuation Metrics
0
DSCR
9.54%
Cap Rate
9.54%
ROI
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