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- LoopNet Team
1610-1616 W Main St
Gun Barrel City, TX 75156
Heritage Cove Retail Center · Retail Property For Sale
PROPERTY FACTS
AMENITIES
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ABOUT 1610-1616 W MAIN ST , GUN BARREL CITY, TX 75156
LOCATION OVERVIEW Price: $700,000 Price Per SF: $76/SF Building Size: ± 9,160 SF Site Size: ± 1.552 Acres Year Built: 2008 Parking: 46 Spaces Zoning: B2- General Business District Multi-tenant retail investment; Value-add opportunity, significant upside attainable by leasing up available spaces; Located 1/2 mile west of Walmart Supercenter, along major retail corridor. Major retailers in the area include Walmart, CVS, Lowe' s, and Anytime Fitness; Lake Jackson Seafood leases 4,908 SF at $7.94/SF ($38,947/year) expiring 11/30/2019, with one (1) five (5) year option. Tenant pays pro rata share of expenses (+/- $2.42/SF, or approximately $22,129/ year). Total NNN expenses are +/- $4.51/SF, or approximately $41,124/year; Recreational opportunities at Cedar Creek Reservoir draw thousands of tourist from Dallas/Ft Worth.
PROPERTY TAXES
| Parcel Number | 2971-0000-0010-53 | Improvements Assessment | $902,647 |
| Land Assessment | $365,068 | Total Assessment | $1,267,715 |
PROPERTY TAXES
