Retail disposition located within a dense residential trade area, supported by approximately 13,874 households within 1 mile, 78,601 households within 3 miles, and 154,934 households within 5 miles.
The property benefits from proximity to E Oltorf St, which carries approximately 23,600 vehicles per day, and I-35, which carries approximately 162,000 vehicles per day, providing strong regional connectivity and meaningful traffic exposure.
The surrounding area’s residential density and access to major transportation corridors support durable retail demand fundamentals and enhance the property’s relevance for a range of commercial uses
The asset presents a compelling owner-user opportunity, supported by strong real estate fundamentals and location characteristics that may appeal to businesses seeking direct access to a large and established consumer base.
The property is located within an affluent trade area, with average household incomes exceeding $122,000 within a 3-mile radius.
The asset is subject to an in-place lease with approximately 2 years of remaining term, providing immediate income and near-term cash flow visibility.
The roof was replaced in 2018, reducing the likelihood of near-term capital requirements.
The property is located under the Opportunity Zone designation, which can be a meaningful consideration for investors seeking to align capital deployment with potential tax deferral or tax mitigation strategies