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Market Square Shopping Center 2202 S Market St 57,135 SF Vacant Retail Building Brenham, TX 77833 $2,791,839 CAD ($48.86 CAD/SF)
INVESTMENT HIGHLIGHTS
- 6.78 Acres on Major Retail Thoroughfare
- Seller Reports Recently Replaced TPO Roof
- Priced Below Replacement Cost: $35 Per Square Foot
- Ability to Develop Multiple Pad Sites
- Significant Upside By Leasing Existing Building
- Major Residential and Retail Growth in Brenham
EXECUTIVE SUMMARY
feet, situated on a large 6.78-acre lot. Built in 1980 by Walmart and previously occupied by Sutherlands Home Improvement Store, this retail building offers
investors the chance to purchase at an attractive rate of $35 per square foot, which is below replacement cost.
The property already features a built-out space of 5,000 square feet, which is recently occupied by a Bingo Hall and is the first Bingo Hall to open in the
Brenham area. It also features a recently replaced TPO roof. These aspects provide investors with a head start, enabling them to focus on developing
additional individual spaces or leasing out the entire space at market rent. This property has 385 feet of frontage on Business 290 which allows an investor
the ability to develop multiple pad sites. Such flexibility in utilization ensures a wide range of investment strategies.
One of the key advantages of this Prime Retail Development is its location in Brenham, a region experiencing significant growth in both retail and residential
development. This growing market trend provides a favorable environment for maximizing returns on investment. As the demand for commercial and
residential spaces in Brenham rises, investors can leverage this opportunity to invest in a thriving market and benefit from the increasing economic activity.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Assistive & Rehabilitative Service
- Public Administration
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$9.99
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Our Vision is: A Texas where people with disabilities and families with children who have developmental delays enjoy the same opportunities as other Texans to pursue independent and productive lives. Our Mission is: To work in partnership with Texans with disabilities and families with children who have developmental delays to improve the quality of their lives and to enable their full participation in society. As you can see, the vision statement is very broad and envisions a Texas characterized by specific values which provides particular opportunities. We come to work every day because we share this vision of what is possible and have this same sense of the importance of our work. We share the same insight to our purpose and "see" the same outcomes.
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Texas is a state geographically located in the South Central United States and is also called the Lone Star State. Austin is the state capital. Texas is the second largest U.S. state in both area and population. Houston is the state's largest city. The Dallas/Fort Worth area is the largest metropolitan statistical area in Texas and the fourth-largest metropolitan statistical area in the United States.
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- Public Administration
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$9.99
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Lorem Ipsum
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Texas is a state geographically located in the South Central United States and is also called the Lone Star State. Austin is the state capital. Texas is the second largest U.S. state in both area and population. Houston is the state's largest city. The Dallas/Fort Worth area is the largest metropolitan statistical area in Texas and the fourth-largest metropolitan statistical area in the United States.
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- Public Administration
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$9.99
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Lorem Ipsum
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Jan 0000
Texas is a state geographically located in the South Central United States and is also called the Lone Star State. Austin is the state capital. Texas is the second largest U.S. state in both area and population. Houston is the state's largest city. The Dallas/Fort Worth area is the largest metropolitan statistical area in Texas and the fourth-largest metropolitan statistical area in the United States.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Assistive & Rehabilitative Service | Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 | |
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Public Administration | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0124-000-04400 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,317,282 CAD |
PROPERTY TAXES
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Market Square Shopping Center | 2202 S Market St
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