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31801154
31801155

3301 East US Hwy 377, Granbury, TX 76049 For Sale

JP
TX 424317-B
STRIVE Commercial Real Estate Advisors
HB
TX TX 817402
STRIVE Commercial Real Estate Advisors
Listed by STRIVE Commercial Real Estate Advisors
$3,505,000
88 days on market
Updated 47 days ago

Fountain Oaks Shopping Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 16,599
Cap Rate 7.00%
NOI $245,202
Occupancy 96%
Tenancy Multi
Price per SqFt $211
Year Built 2009
Acreage 3.420
Ground Lease No

Fountain Oaks Shopping Center | Granbury, TX

Investment highlights

• 96% Occupied Retail Shopping Center: Fountain Oaks Shopping Center is 96% Leased | Immediate and Consistent Cash Flow | Well-Balanced Tenant Mix

• Below Market Rents & NNN Conversion: Exisiting Rents are Below Market | Offering Investors a Clear Path to Increase NOI Through Future Lease Renewals and Tenant Rollover | Value – Added Component in Converting Each Tenant to a Full Triple Net (NNN) Lease

• High Visibility: Strategically Positioned Along Highway 377 | Over 39,000 Vehicles Per Day | Exceptional Visibility and Consistent Consumer Traffic – Driving Tenant Performance and Long – Term Leasing Demand

• Strong Demographics: Rapidly Growing Trade Area | Supported by More Than 44,000 Residents Within a 5-Mile Radius | Average Household Income Exceeding $112,000 Within a 2-Mile Radius | Well Over the Average Household Income in the United States • High-Growth Market: Granbury Continues to Experience Significant Population and Economic Growth | Driven By It’s Proximity to the DFW Metroplex and Ongoing Residential Development

• Other National Retailers Include: H-E-B, Kroger, Aldi, Lowe’s, Dollar Tree, Walmart, The Home Depot, McDonalds, Taco Casa, Starbucks, Ross Dress for Less, Marshalls, Bath & Body Works, Chipotle & Many More…

Listing Contacts

JP
TX 424317-B
STRIVE Commercial Real Estate Advisors
HB
TX TX 817402
STRIVE Commercial Real Estate Advisors
Listed by STRIVE Commercial Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$245,202.00
$20,433.50/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Jennifer Pierson
License
424317-B
Brokerage
STRIVE Real Estate
Brokerage Phone
214-354-6820
Title
Broker
Brokerage Address
17742 Preston Road
Name
Harrison Beethe
License
TX 817402
Brokerage
STRIVE
Brokerage Phone
4698448026
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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