Highlights

• very motivated foreign seller who wants to "forget" about real estate and retire in peace
• 2nd note possiblity

• potential to upgred and modernize center

Description

FOR SALE BY MOTIVATED OWNER SELLER-LISTING HERE IS BY THE SELLER HIMSELF NOT VIA BROKERS, BROKERS ARE WELCOME BUT NO EXCLUSIVES !
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This is a fantastic shopping center with very dramatic potential to make serious money, the mall is 11 Acres and has some vacancies which are being rented now, this is due to an absentee owner who lives in another country and now wants to retire while selling the property at a laughing ratio of 23 dollars/SQ foot


Originally opened in 1968, the Ward Mall was renamed the Chisholm Mall in 1997. The property is located at the corner of Highway 81 and Elder/Spruce, one of the busiest intersections in Stephens County, and is the center for many retail and service businesses. An estimated 30,000 cars a day pass in front of the mall. Occupying 11 acres, the 200,000 square foot building has 156,301 square feet of leaseable space. The common areas of the mall provide a great place to eat, take a break from shopping, let kids play, or just socialize.

The mall has excellent access from both Highway 81 north and south

in a commercial area , across from the Walmart and other department stores, good parking and potential for upgrade

30 Percent Vacant - Priced on Actual Income! " Many Top National Retailers Along Highway 81

" KFC Pad Site and Walgreens in Front (Not Included) " Unique Layout - Street Retail with Common Area in Back and Access/Parking from Rear of Center

" Tremendous Upside - Existing Vacant Dunlap's and Shop Space " Excellent Mix of Tenants that include Aaron's Rents, Star Pharmacy, Med Tech Medical Supply, and Bon Worth Ladies Store