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Henderson Crossing 713-725 W Henderson St 14,536 SF 100% Leased Retail Building Cleburne, TX 76033 $10,677,169 CAD ($734.53 CAD/SF) 6.50% Cap Rate
Investment Highlights
- ?Directly across from HEB (2.2M annual visits) and close proximity to Walmart Supercenter (2.9M annual visits) along Henderson Street, the primary com
- Newly remodeled building that features a diverse lineup of national credit tenants and strong local operators
- ?Contractual rent growth for all tenants creating a stabilized income stream with 10.4-year WALT
Executive Summary
DuWest Realty Investment Services is pleased to present the opportunity to acquire a 100% occupied, 14,536 square foot multi-tenant retail center strategically positioned along Henderson Street in Cleburne, Texas, the primary commercial corridor serving this DFW submarket.?
The Property has been newly remodeled, and is anchored by a proven tenant mix of both national credit brands and established local operators, including Chipotle, Jersey Mike's, Nothing Bundt Cakes, America's Best, Metro by T-Mobile, Fred Loya Insurance, and Glow Nail Bar.? The Property benefits from exceptional co-tenancy and an irreplaceable location directly across from H-E-B, which draws 2.2 million annual customer visits, and in close proximity to Walmart Supercenter, which generates 2.9 million annual visits.? This grocery-anchored retail ecosystem drives sustained, high-frequency consumer traffic to the corridor.?
New ownership will acquire a stabilized income stream with a weighted average lease term (WALT) of 10.4 years, providing long-term cash flow stability.? All tenants are subject to contractual rent growth (5 of 7 tenants have annual increases) offering built-in NOI escalation throughout the hold period.? The property benefits from healthy rents with the average at only $29.17 PSF (excluding Chipotle).? This offering represents a rare opportunity to acquire a fully stabilized, multi-tenant retail asset in a supply-constrained North Texas market.?
The Property has been newly remodeled, and is anchored by a proven tenant mix of both national credit brands and established local operators, including Chipotle, Jersey Mike's, Nothing Bundt Cakes, America's Best, Metro by T-Mobile, Fred Loya Insurance, and Glow Nail Bar.? The Property benefits from exceptional co-tenancy and an irreplaceable location directly across from H-E-B, which draws 2.2 million annual customer visits, and in close proximity to Walmart Supercenter, which generates 2.9 million annual visits.? This grocery-anchored retail ecosystem drives sustained, high-frequency consumer traffic to the corridor.?
New ownership will acquire a stabilized income stream with a weighted average lease term (WALT) of 10.4 years, providing long-term cash flow stability.? All tenants are subject to contractual rent growth (5 of 7 tenants have annual increases) offering built-in NOI escalation throughout the hold period.? The property benefits from healthy rents with the average at only $29.17 PSF (excluding Chipotle).? This offering represents a rare opportunity to acquire a fully stabilized, multi-tenant retail asset in a supply-constrained North Texas market.?
Property Facts
Sale Type
Investment
Property Type
Building Size
14,536 SF
Building Class
C
Year Built/Renovated
1982/2026
Price
$10,677,169 CAD
Price Per SF
$734.53 CAD
Cap Rate
6.50%
NOI
$694,019 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Amenities
- Dedicated Turn Lane
- Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 126-2800-27460 | Improvements Assessment | $287,266 CAD |
| Land Assessment | $261,394 CAD | Total Assessment | $548,660 CAD |
Property Taxes
Parcel Number
126-2800-27460
Land Assessment
$261,394 CAD
Improvements Assessment
$287,266 CAD
Total Assessment
$548,660 CAD
Contacts
-
Will Walters -
Alex Speed Throckmorton -
Bill Pyle -
Josie Trent -
Matthew Banas -
Griffin Till -
DuWest Realty
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Henderson Crossing | 713-725 W Henderson St
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