1715 W Oaklawn Dr
Pleasanton, TX 78064
2 Tenant Center - Tractor Supply & Bealls · Retail Property For Sale

Midwest Retail Properties is pleased to present for sale our shopping center in Pleasanton, TX. The property contains two national credit tenants – Tractor Supply and Bealls – and is located off the main retail strip, Highway 97 (Oaklawn Ave). Both Tractor Supply and Bealls have extended their lease and shown commitment to this market. Both leases are NNN and reimburse the landlord for taxes, insurance, and common area maintenance. This property includes below market rents with the ability to be increased over time through renewal option rent bumps. In 2017, an Elastomeric Coating was placed on the roof with a 10-year warranty. Additionally, the entire parking lot was repaired and restriped. This property contains an outparcel with the potential to develop an additional free-standing building. We recently accomplished this with a similar two-tenant Tractor Supply anchored shopping center in Uvalde, TX; the outparcel land was sold to develop a Starbucks and has added significant value to the property. The Walmart Supercenter in Pleasanton is located half a mile from this shopping center and does $60 million in annual sales, showing the retail strength of the area.