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33646919
33646918

2602 S Gregg Street, Big Spring, TX 79720

AV
AZ BR706992000
Graystone Capital Advisors
KH
CA CA 01846649
Graystone Capital Advisors
JT
CA CA 02239248
Graystone Capital Advisors
Listed by Graystone Capital Advisors
$4,359,000
8 days on market
Updated 8 days ago

Coronado Plaza

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 25,601
Cap Rate 8.00%
NOI $348,720
Occupancy 100%
Tenancy Multi
Brand/Tenant Dickey's Barbecue PIT, Anytime Fitness (+2)
Lease Type NNN
Price per SqFt $170
Year Built 1980
Acreage 6.960
Zoning Commercial - Retail
Investment Type Stabilized
Ground Lease No

100% Occupied Multi-Tenant Retail | 8.00% CAP | NNN Leases

Marketing description

Graystone Capital Advisors is pleased to present the opportunity to acquire Coronado Plaza at 2602 S. Gregg Street in Big Spring, TX. The property features a 25,601 SF multi-tenant retail center on a 6.96-acre parcel, originally constructed in 1980 and located at the signalized intersection of S. Gregg Street/U.S. Highway 87 and West Marcy Drive in Howard County.

The asset is 100% occupied by a complementary mix of five national and regional retailers — Boot Barn, Hibbett Sports, Anytime Fitness, Dickey’s Barbecue Pit, and Vital Care Urgent Care — all operating under triple-net leases.

Investment highlights

100% Occupied Multi-Tenant Retail Center

Coronado Plaza is fully leased to a complementary mix of national, regional and local tenants, providing diversified in-place income across five operators.

Service-Oriented, In-Person Tenant Mix

The rent roll is anchored by tenants serving fitness, healthcare, food, western/workwear and athletic retail needs, creating a tenant base less dependent on purely discretionary soft-goods shopping.

NNN Lease Structure

All tenants operate under triple-net leases, helping reduce landlord expense exposure and providing investors with a more predictable income profile.

Established National and Regional Tenancy

The property is leased to Boot Barn, Hibbett Sports, Anytime Fitness, Dickey’s Barbecue Pit and Vital Care Urgent Care, combining national brand recognition with regional healthcare demand.

Listing Contacts

AV
AZ BR706992000
Graystone Capital Advisors
KH
CA CA 01846649
Graystone Capital Advisors
JT
CA CA 02239248
Graystone Capital Advisors
Listed by Graystone Capital Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$348,720.00
$29,060.00/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

Map

Zoning

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LC CommercialSpecial CommercialLight Commercial
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Brian Brockman
License
TX 701472
Brokerage
Bang Realty - Texas, Inc
Brokerage Phone
5138981551
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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