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1100-1161 N Esplanade St
Cuero, TX 77954
Cuero Plaza - Cuero, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Anchored by regionally popular Brookshire Brothers, featuring a new 2022 location.
- Top-performing tenants, with Brookshire Brothers and Dollar General exceeding chain averages.
- Value-add potential driven by low average on-site rent of approximately $7 PSF, compared to market rents above $10 PSF (per CoStar).
- Rare low-rent opportunity with Brookshire Brothers operating on $5.59 PSF and occupying 62.4% of the GLA.
- Strategic corner site at the prominent intersection of N Esplanade and E Bailey.
- Easily accessible property with multiple points of ingress and egress.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the Cuero Plaza, a 64,868 SF retail center located at 1100 N Esplanade St in Cuero, TX. The property is anchored by the regionally popular Brookshire Brothers, a new 2022 location that drives consistent traffic to the center. Offering strong value-add potential, Cuero Plaza benefits from low in-place rents averaging approximately $7 PSF, while market rents exceed $10 PSF (per CoStar), creating an exceptional opportunity for rental growth and long-term upside.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
64,868 SF
Building Class
B
Year Built/Renovated
1987/2022
Price
$5,425,000
Price Per SF
$83.63
Cap Rate
7.44%
NOI
$403,694
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
3.78 AC
Parking
192 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Food Court
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 17889 | Improvements Assessment | $4,274,500 |
| Land Assessment | $121,140 | Total Assessment | $4,395,640 |
PROPERTY TAXES
Parcel Number
17889
Land Assessment
$121,140
Improvements Assessment
$4,274,500
Total Assessment
$4,395,640
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