18500 W Interstate 40 | Bushland, TX 79124
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- LoopNet Team
18500 W Interstate 40
Bushland, TX 79124
Bushland Shopping Center - Bushland, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Bushland Plaza is a True Value-Add Shopping Center, Currently 65% Occupied
- Value-Add Lease Up - Opportunity to Increase Net Operating Income $83,285 By Leasing the 2 Vacant Suites
- Excellent Yield Opportunity: By Adding Professional Management and Leasing, Investors Will Generate Over 20% IRR in 2 Years
- The Building Was Newly Constructed in 2020 - Anchored By Anytime Fitness
- Bushland Plaza is Listed at a 7.20% CAP on Actual Income and Expenses, Proforma 14.60% CAP By Filling the Vacancy
- Excellent Exposure on I-40 (Rt - 66) Offering 21,246 VPD on the Primary East/West Route Connecting Oklahoma City, OK to Albuquerque, NM
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,000 SF
Building Class
C
Year Built
2000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
3.72 AC
Parking
31 Spaces (3.44 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | R-065-1350-8165-0 | Improvements Assessment | $0 |
| Land Assessment | $52,920 | Total Assessment | $52,920 |
PROPERTY TAXES
Parcel Number
R-065-1350-8165-0
Land Assessment
$52,920
Improvements Assessment
$0
Total Assessment
$52,920
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