Listed by Kelly Commercial
$3,130,000
100 S New Rd
Details
Property Type Retail
Sub Type Shopping Center
NOI $90,804
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 7.00%
Pro-Forma NOI $219,494
Year Built 1999
Acreage 1.690
Zoning C-3
Investment Type Value Add
Ground Lease Yes
Multi-Tenant Retail Investment Opportunity
Marketing description
- Highly visible on well-established high-traffic corner - TxDot AADT 2024 29,817 (S New Rd) & 23,192 (Franklin Ave)
- Nearby retailers include: Walmart, Chick-fil-A, Roas’s, McDonald’s, Academy, Lowe’s, Longhorn Steakhouse, and more!
Investment highlights
- Title Max recently extended NNN lease for an additional 10 years with current annual rent at $90,804
- 7 Brew new 10-year NNN lease will commence soon with annual rent starting at $100,000 (Included in Stabilized NOI and Stabilized Cap Rate above)
- Value-Add Opportunity - 2,869 Sf vacancy in the building valued at a discounted rent of $10/sf/yr NNN (Included in Stabilized NOI and Stabilized Cap Rate above).
Listing Contacts
Listed by Kelly Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,804.00
$7,567.00/mo
Valuation Metrics
0
DSCR
2.9%
Cap Rate
2.9%
ROI
Map
Zoning
C-3 CommercialGeneral CommercialGeneral Commercial District
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View all 95 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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