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Ridgeway Center 200-202 S Ridgeway Dr 5,540 SF 100% Leased Retail Building Cleburne, TX 76033 For Sale 7% Cap Rate
Investment Highlights
- High Traffic, Hard Corner Location
- Located in Growing DFW Submarket
- Easy Access to Major Cleburne Thoroughfares
Executive Summary
200 S Ridgeway is a well-maintained, 100% leased 5,540 square-foot retail center originally built in 1976 and situated within a highly visible retail node one block from Business 67, a primary north-south thoroughfare linking US-67 with SH 171/174. The property lies within 2 miles of historic downtown Cleburne, offering convenient access to local government, boutique retail, dining, and cultural amenities, and is surrounded by major retail destinations as well as healthcare facilities and the Cleburne Regional Airport, underscoring its strong everyday traffic and community synergy.
Positioned to capture ongoing retail demand from both local residents and commuters along Business 67 and adjacent state highways, 200 S Ridgeway offers investors the opportunity to participate in a well-located retail asset with strong visibility, accessibility, and exposure to the broader North Texas growth dynamic.
Positioned to capture ongoing retail demand from both local residents and commuters along Business 67 and adjacent state highways, 200 S Ridgeway offers investors the opportunity to participate in a well-located retail asset with strong visibility, accessibility, and exposure to the broader North Texas growth dynamic.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,540 SF
Building Class
C
Year Built
1972
Cap Rate
7%
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.42 AC
Zoning
C3 - Commercial
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 126-0354-00730 | Improvements Assessment | $365,429 CAD |
| Land Assessment | $135,972 CAD | Total Assessment | $501,401 CAD |
Property Taxes
Parcel Number
126-0354-00730
Land Assessment
$135,972 CAD
Improvements Assessment
$365,429 CAD
Total Assessment
$501,401 CAD
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Ridgeway Center | 200-202 S Ridgeway Dr
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