Cash flowing Texas mall, CAP ~8.6%, 700,000SF on 67 AC, value add

Asking Price$17,000,000

Gross Revenue
Not Disclosed

Net Operating Income$1,470,000

FF&ENot Disclosed

Building Sq. Ft.700000

Price per Sq. Ft.$24.00

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Cash flowing Texas mall, CAP ~8.6%, 700,000SF on 67 AC, value add


Asking Price$17,000,000

Gross Revenue
Not Disclosed

Net Operating Income$1,470,000

FF&ENot Disclosed

Building Sq. Ft.700000

Price per Sq. Ft.$24.00

Property Description
Value Add Mall High CAP
Key Highlights:

Size: ~700,000 SF Gross Leasable Area

Land: 67acres (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): ~8.6%

Listing Info
ID:
2468296
Listing Views:
249

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Property Listed by: Ilona Antonova Royal Empire Realty LLC

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.