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HEB Shadow-Anchored Retail 1108 W Adams Ave 5,424 SF 78% Leased Retail Building Temple, TX 76504 $1,350,000 ($248.89/SF) 6.01% Cap Rate
Executive Summary
West Adams Retail Center is a 5,424 SF single-story retail property on a high-traffic corner in Temple, Texas, shadow-anchored by H-E-B and near Temple High School with convenient IH-35 access.
Currently 78% leased, the property has one 1,190 SF vacancy offering near-term lease-up upside. Two tenants are on long-term leases through 2030, providing stable cash flow, while below-market rents present additional growth potential. Located in a low-vacancy, growing retail market, the asset offers stable income with clear value-add opportunity.
Currently 78% leased, the property has one 1,190 SF vacancy offering near-term lease-up upside. Two tenants are on long-term leases through 2030, providing stable cash flow, while below-market rents present additional growth potential. Located in a low-vacancy, growing retail market, the asset offers stable income with clear value-add opportunity.
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- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,424 SF
Building Class
C
Year Built
2016
Price
$1,350,000
Price Per SF
$248.89
Cap Rate
6.01%
NOI
$81,135
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.34 AC
Zoning
C - Commercial
Parking
24 Spaces (4.42 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 301 | 1,190 SF | Retail | In-Line | Now |
301
| Size |
| 1,190 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
301
| Size | 1,190 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 114301 | Improvements Assessment | $738,436 |
| Land Assessment | $43,925 | Total Assessment | $782,361 |
Property Taxes
Parcel Number
114301
Land Assessment
$43,925
Improvements Assessment
$738,436
Total Assessment
$782,361
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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HEB Shadow-Anchored Retail | 1108 W Adams Ave
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