This Retail Property is Off-Market.

3200-3218 Ferndale Drive
Waco, TX 76706 ·

9,600 SF · Retail For Sale

N/A

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Ferndale Center

Price N/A Commission Split 3%
Gross Leasable Area 9,600 SF Cap Rate 13%
Property Type Retail Tenancy Multiple
Property Sub-type Strip Center Lot Size 0.71 AC
Property Use Type Investment
Listing ID: 17351949 Date Created: 09/29/2011 Last Updated: 10/12/2014

Description

Ferndale Center is a retail shopping center in a growing area that can be operated as is, or can be repositioned with a facade makeover. Detailed plans prepared by an architect are available and are included in the sales price.

Cap rate is based on Pro Forma numbers once the makeover has been completed.

The property is located near US Hwy 77, just North of State Hwy 6.

Research

3200-3218 Ferndale Drive, Waco, TX 76706 (McLennan County)

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