1101 E US Highway 175 | Crandall, TX 75114
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- LoopNet Team
1101 E US Highway 175
Crandall, TX 75114
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High-performing retail plaza (100% Leased) strategically located in Crandall. TX with direct frontage and visibility on Highway 175.
- Well-lit parking lot with ample parking available for customers in the front and for tenants and employees in the back.
- Strong operating history, with substantial upside potential. Offered at $2,110,000.00 with a net operating income of over $125K.
- Mix of various kinds of Small Business Tenants - Bank, Custom Home Builder, Bakery, Hair Salon, Dentist, Party Hall etc.
- Several multi-year leases with annual rent escalations in place, meaning no landlord responsibility and increasing returns.
- Excellent Frontage, Visibility, and Access. Irreplaceable location in the region's primary commercial corridor.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Shopfront
Property Size
9,880 sq ft
Costar Property Class
B
Year Built
2007
Occupancy Rate
80%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.19
Total Plot Size
1.18 ac
Use Class
F1 - Real Commercial
Parking
52 Spaces (5.26 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 16069 | Improvements Assessment | £880,538 |
| Land Assessment | £304,029 | Total Assessment | £1,184,567 |
PROPERTY TAXES
Parcel Number
16069
Land Assessment
£304,029
Improvements Assessment
£880,538
Total Assessment
£1,184,567
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