1175 Fm 2673
$2,100,000
1175 Fm 2673 Canyon Lake, TX 78133
This is a carousel gallery, which opens as a modal once you click on any image. The carousel is controlled by both Next and Previous buttons, which allow you to navigate through the images or jump to a specific slide. Close the modal to stop viewing the carousel.
To navigate the horizontal menu, use the arrow keys. For VoiceOver on iOS, swipe left or
right with one finger.
About this listing
DESCRIPTION
This 14,086+/- SF retail strip center in Canyon Lake, TX offers an exceptional opportunity with 58 parking spaces, ensuring ample convenience for customers. The property boasts a well-rounded tenant mix, including fitness, service, restaurant and office spaces, creating a vibrant community hub.
Priced below replacement cost, it provides great value for an investor while being located in the high-traffic Sattler area, the center enjoys prime frontage and visibility, maximizing exposure to potential customers and enhancing its appeal.
HIGHLIGHTS
- • 90%+ occupancy for past 10 years
- • Anchor Tenant: Anytime Fitness - 10+ years
- • Balanced rent roll with staggered expirations
- • Upgraded parking lot in 2024
- • HVAC units and roof replacement all in past 5 years
- • Supplemental Financials available upon request
-
Cap Rate
8.35%
-
NOI
$175,432.97
-
Building Size
14,086 sqft
-
Lot Area
1.42 acres
