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Hurst St 2 Retail Properties Offered at $3,078,428 CAD in Center, TX
Investment Highlights
- High Traffic
- Mix of Stabilized Income and Value Add
- Great Signage/Visibility
Executive Summary
High visibility retail strip centers with mix of stabilized income across (2) buildings and (7) in-place tenant leases and value add opportunity in the areas of roof line expansion, lease restructure and mark-to-market opportunities and lease-up of the (23) newly constructed self storage units with room to add up to (15) more. With a Proforma NOI of $217,753.72, the going-in cap rate is 9.65% at the asking price.
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $3,078,428 CAD | Status | Active |
| Price / SF | $157.87 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 9.65% | Total Building Size | 19,500 SF |
| Sale Type | Investment | Total Land Area | 1.85 AC |
| Price | $3,078,428 CAD |
| Price / SF | $157.87 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 9.65% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 19,500 SF |
| Total Land Area | 1.85 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 807 Hurst St, Center, TX 75935 | Retail | 15,000 SF | 2005 | - |
| 766 Hurst St, Center, TX 75935 | Retail | 4,500 SF | 2020 | - |
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