1101 E US Highway 175 | Crandall, TX 75114
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- LoopNet Team
1101 E US Highway 175
Crandall, TX 75114
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High-performing retail plaza (100% Leased) strategically located in Crandall. TX with direct frontage and visibility on Highway 175.
- Well-lit parking lot with ample parking available for customers in the front and for tenants and employees in the back.
- Strong operating history, with substantial upside potential. Offered at $2,110,000.00 with a net operating income of over $125K.
- Mix of various kinds of Small Business Tenants - Bank, Custom Home Builder, Bakery, Hair Salon, Dentist, Party Hall etc.
- Several multi-year leases with annual rent escalations in place, meaning no landlord responsibility and increasing returns.
- Excellent Frontage, Visibility, and Access. Irreplaceable location in the region's primary commercial corridor.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
9,880 SF
Building Class
B
Year Built
2007
Percent Leased
80%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.18 AC
Zoning
F1 - Real Commercial
Parking
52 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 16069 | Improvements Assessment | $1,170,763 |
| Land Assessment | $404,237 | Total Assessment | $1,575,000 |
PROPERTY TAXES
Parcel Number
16069
Land Assessment
$404,237
Improvements Assessment
$1,170,763
Total Assessment
$1,575,000
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