Cash flowing mall NOI $1,470,000 for sale 700,000 SF 67 AC land
Business Description
Value add Mall Opportunity | 700,000 SF on 67 AC | 8.17% Cap As-Is | Texas
Key Highlights:
Size: ~700,000 SF Gross Leasable Area
Land: 67 acres (potential for expansion or redevelopment)
Occupancy: ~60% leased – immediate upside in leasing remaining space, development rights, empty boxes sale
Current NOI: $1,470,000
Cap Rate (As-Is): ~8.17%
Asking Price: $18,000,000
Zoning: Commercial/Retail
Ownership: Fee simple
Tenancy: National and regional tenants in place
Stabilization Potential: Up to 40% upside from vacancy fill and expense management
Parking: 5195 parking spaces
Accessibility: Excellent ingress/egress from major roads and highways
Size: ~700,000 SF Gross Leasable Area
Land: 67 acres (potential for expansion or redevelopment)
Occupancy: ~60% leased – immediate upside in leasing remaining space, development rights, empty boxes sale
Current NOI: $1,470,000
Cap Rate (As-Is): ~8.17%
Asking Price: $18,000,000
Zoning: Commercial/Retail
Ownership: Fee simple
Tenancy: National and regional tenants in place
Stabilization Potential: Up to 40% upside from vacancy fill and expense management
Parking: 5195 parking spaces
Accessibility: Excellent ingress/egress from major roads and highways
About the Business
- Years in Operation
- 57
- Facilities & Assets
- 700,000 SF mall on 67 acres in Texas with current NOI of $1.47M. Property is ~60% occupied, offering strong in-place cash flow and significant upside through lease-up and expense optimization. Asking $18M (8.17% cap as-is). Features ample parking, major road access, and national/regional tenants. Ideal for investors seeking value-add retail or redevelopment opportunities in a growth market
- Market Outlook / Competition
- Located in a growing Texas market with strong population and job growth. Limited direct competition within a 15–20 mile radius for comparable retail space. Demand for experiential, discount, and mixed-use retail is rising, creating strong leasing potential. Ideal timing for repositioning or re-tenanting as nearby centers face higher occupancy costs or limited space.
- Opportunities for Growth
- Significant growth potential with multiple large vacant anchor boxes available for lease, sale, or repurposing. Ideal for retail re-tenanting or conversion to AI/ML data center colocation, edge computing, or logistics use. 67-acre footprint supports flexible redevelopment, with power, space, and access advantages for tech and infrastructure expansion.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 700,000
About the Sale
- Seller Motivation
- repositioning of portfolio
Listing Info
- ID
- 2419049
- Listing Views
Listing ID: 2419049 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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