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813-815 Hutchins Ave
Ballinger, TX 76821

$486,000 USD

General Retail For Sale  •  15,798 SF

Property Details

  • Property Type General Retail
  • Total Building Size 15,798 SF
  • Lot Size 0.54 AC
  • Building Class C
  • Year Built 1910
  • Cap Rate 10.98 %
  • Tenancy Multiple
30 Walk Score

Highlights

Ideal for a Potential Owner User or Potential Investors Seeking to Add-Value
5 Years Remaining on Modi?ed Net Lease with Minimal Landlord Responsibilities
Recently Renovated – Brand New Roof, HVAC Units, and Water Heater
Only Dollar Store in a 15-Mile Radius – Captive Customer Base
Attractive Low Price Point – Accessible Entry for Investors Seeking Strong Yield with National Credit & Priced Well Below Replacement Cost
High Visibility and Hard Corner Location on Hutchings Ave (Hwy 67) That Sees 10,760+ CPD

Property Flyers

Cap Rate: 10.98 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 3/1/2023

Amenities

  • Corner Lot
  • Courtyard
  • Air Conditioning
Austin Che 469-916-8811 Exp Commercial of California, Inc.
Austin Che 469-916-8811 Exp Commercial of California, Inc.