Cash flowing Texas mall, CAP 12.2%, 500,000SF on 60 AC, value add
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Cash flowing mall NOI $1,470,000 for sale 500,000 SF 60 AC land
Key Highlights:
Size: ~500,000 SF Gross Leasable Area
Land: 60acres (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): ~12.25%
Asking Price: $12,000,000
Size: ~500,000 SF Gross Leasable Area
Land: 60acres (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): ~12.25%
Asking Price: $12,000,000
Listing Info
- ID:
- 2468296
- Listing Views:
Listing ID: 2468296 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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