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32028954
32022703

713 West Henderson Street, Cleburne, TX 76033

WW
TX TX 596941
DUWEST
BP
TX TX 538293
DUWEST
JT
TX 792098
DUWEST
MB
TX 711586
DUWEST
GT
TX TX 836901
DUWEST
AS
TX 700062
DUWEST
Listed by DUWEST
$7,811,000
39 days on market
Updated 4 days ago

Henderson Crossing

Details
APN 126-2800-27460
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 14,536
Units 7
Cap Rate 6.50%
NOI $507,717
Occupancy 100%
Tenancy Multi
Brand/Tenant Chipotle
Lease Type NNN
Year Built 1982
Year Renovated 2026
Acreage 1.570
Investment Type Stabilized
Ground Lease No

100% Occupied | 6.50% Cap | 10.4 Year WALT

Marketing description

DuWest Realty Investment Services is pleased to present the opportunity to acquire a 100% occupied, 14,536 square foot multi-tenant retail center strategically positioned along Henderson Street in Cleburne, Texas, the primary commercial corridor serving this DFW submarket.

The Property has been newly remodeled, and is anchored by a proven tenant mix of both national credit brands and established local operators, including Chipotle, Jersey Mike's, Nothing Bundt Cakes, America's Best, Metro by T-Mobile, Fred Loya Insurance, and Glow Nail Bar. The Property benefits from exceptional co-tenancy and an irreplaceable location directly across from H-E-B, which draws 2.2 million annual customer visits, and in close proximity to Walmart Supercenter, which generates 2.9 million annual visits. This grocery-anchored retail ecosystem drives sustained, high-frequency consumer traffic to the corridor.

New ownership will acquire a stabilized income stream with a weighted average lease term (WALT) of 10.4 years, providing long-term cash flow stability. All tenants are subject to contractual rent growth (5 of 7 tenants have annual increases) offering built-in NOI escalation throughout the hold period. The property benefits from healthy rents with the average at only $29.17 PSF (excluding Chipotle). This offering represents a rare opportunity to acquire a fully stabilized, multi-tenant retail asset in a supply-constrained North Texas market.

Investment highlights

  • Directly across from HEB (2.2M annual visits) and close proximity to Walmart Supercenter (2.9M annual visits) along Henderson Street, the primary commercial corridor of the submarket
  • Contractual rent growth for all tenants creating a stabilized income stream with 10.4-year WALT
  • Newly remodeled building that features a diverse lineup of national credit tenants and strong local operators

Listing Contacts

WW
TX TX 596941
DUWEST
BP
TX TX 538293
DUWEST
JT
TX 792098
DUWEST
MB
TX 711586
DUWEST
GT
TX TX 836901
DUWEST
AS
TX 700062
DUWEST
Listed by DUWEST

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$507,717.00
$42,309.75/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Will Walters
License
TX 596941
Brokerage Phone
2146753665
Title
TX
Name
Bill Pyle
License
TX 538293
Name
Josie Trent
License
792098
Name
Matt Banas
License
711586
Brokerage
DuWest Realty
Brokerage Phone
(214) 720-0004
Brokerage Address
4403 N Central Expy
Name
Griffin Till
License
TX 836901
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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