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1233 Tenaha St
Center, TX 75935

$3,785,310 USD

Storefront For Sale  •  60,965 SF

Property Details

  • Property Type Storefront
  • Total Building Size 60,965 SF
  • Lot Size 5.92 AC
  • Building Class C
  • Year Built 1978
  • Cap Rate 7.25 %
  • Tenancy Multiple
  • Zoning Commercial
0 Transit Score
39 Walk Score

Highlights

7.25 Cap Value add retail center with growth and leasing upside
Located in the tax free state of Texas, enhancing after tax cash flow
Tractor Supply and Goodwill recently extended their leases, confirming long term commitment
New roof completed in 2024, limiting near term capital expenditure risk
In-place rents are below market and replacement cost, providing long-term upside
Necessity based tenants generating stable daily traffic and durable cash flow

Property Flyers

Financial Summary (Actual)

Net Operating Income: $280,960 USD (2025)
Cap Rate: 7.25 %

Amenities

  • 24 Hour Access
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 485
Type: Surface
Included in Rent: Yes
Christopher Twist 561-602-8390 Colliers
Christopher Twist 561-602-8390 Colliers