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1005 Marlandwood Rd
Temple, TX 76502
Retail Property For Sale
Investment Highlights
- Easy ACCESS to 31st Street and HK Dodgen Loop
- Excellent VISIBILITY along Marlandwood Rd.
- CONVENIENT to Baylor Scott & White Hospital
Executive Summary
Attractive retail/office space that is conveniently located at Marlandwood Central Shopping Center off of Marlandwood Road and Lowes Drive. Adjacent neighbors include Shipley Donuts, Farmers Insurance, CenTex Printing, Any Place Audiology, and Wave Health Care . Nearby retailers include HEB, Sam’s Club, Walmart, Academy, Temple Mall, and Baylor Scott & White’s Main Hospital and McLane Children’s Hospital.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
22,042 SF
Building Class
B
Year Built
2001
Price
$3,593,103
Price Per SF
$163.01
Cap Rate
7.25%
NOI
$260,500
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
2.07 AC
Zoning
Office - 2 - Office/Retail/Commercial
Parking
112 Spaces (5.08 Spaces per 1,000 SF Leased)
Frontage
301’ on Marlandwood Road
Property Taxes
| Parcel Number | 231801 | Improvements Assessment | $2,371,760 |
| Land Assessment | $179,990 | Total Assessment | $2,551,750 |
Property Taxes
Parcel Number
231801
Land Assessment
$179,990
Improvements Assessment
$2,371,760
Total Assessment
$2,551,750
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