Broker of Record Kyle Matthews License No. 9005919 Matthews Retail Group, Inc. 841 Apollo Street. Suite 150, El Segundo, CA 90245 (310) 919-5757
100% National Credit Tenancy
Fort Stockton Retail Center is 100% occupied to national credit tenants including Tractor Supply, Dollar Tree, Hibbett Sports, Gordman’s (Bealls), and Cricket Wireless, providing predictable cash flow for investors.
Above Average Store Sales
Both Hibbett Sports and Gordman’s (Bealls) report well above average store sales with strong health ratios which further solidifies the strength of the asset.
Commitment to Site
Hibbett Sports underwent an expansion in 2017 showing their long-term commitment to the location
Upside Potential Through Development
There is a pad site directly adjacent to Dollar Tree, allowing an investor to develop up to a 9,400 square-feet of additional retail which will create potential upside and boost returns for a buyer.
Cheap Price Per Square Foot
The asking price of $4,120,000 represents a price per square foot of $81 and is offered well below the cost of replacement
Proximity to Walmart Supercenter
Walmart Supercenter formerly operated at this site for more than 20 years before relocating ½ mile down the street and is the only Walmart within a 50-mile radius helping draw customers in from more than just the immediate trade area