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513 Old Elkhart Rd 3,330 SF 100% Leased Retail Building Palestine, TX 75801 $1,116,736 CAD ($335.36 CAD/SF)



INVESTMENT HIGHLIGHTS
- Fully leased retail center with four established tenants.
- Excellent visibility and access for local and drive-by customers.
- Positioned in a high-traffic corridor adjacent to Walmart.
- Nearly half-acre site with strong long-term tenant stability.
EXECUTIVE SUMMARY
FULL OCCUPIED STRIP SHOPPING CENTER FOR SALE!! Take advantage of this rare opportunity to acquire a thriving LAUNDROMAT business along with its PRIME real estate. Situated in a HIGH traffic area with GREAT visibility adjacent to Walmart. Nearly .5 acre with over 3,300 SF of rentable space which includes 4 individual tenant suites. Current tenants are well-established and have a strong local customer base.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,330 SF
Building Class
C
Year Built
2016
Price
$1,116,736 CAD
Price Per SF
$335.36 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.36 AC
Zoning
Commercial
Parking
20 Spaces (6.01 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R66255 | Improvements Assessment | $315,363 CAD |
| Land Assessment | $55,088 CAD | Total Assessment | $370,451 CAD |
PROPERTY TAXES
Parcel Number
R66255
Land Assessment
$55,088 CAD
Improvements Assessment
$315,363 CAD
Total Assessment
$370,451 CAD
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Pineywoods Real Estate
513 Old Elkhart Rd
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