2005-2017 S Washington St
Kaufman, TX 75142
Washington Square · Retail Property For Sale

As the exclusive agent, Matthews Real Estate Investment Services, is pleased to offer for sale a 100% fee interest in Washington Square. Located along the primary retail corridor in Kaufman, TX , this 64,230 square foot center provides a strong cash flowing opportunity that is offered at more than 2x below replacement cost. Situated on 8.09 Acres, Washington Square stands as a dominant center at a main and main location at the northeast corner of Washington Street and Highway 175. The center also offers strong visibility and easy access through three curb cuts located on Washington Street and one curb cut on Fair Road. Washington Square is anchored by national tenants making up 73% of the total GLA and provides investors with a stable income stream from tenants that have a strong historical occupancy. Many tenants have been at the center for well over 10 years and over 94% of the center have leases with term lasting longer than 3 years. The asset is being sold free and clear of debt, allowing Investors to place attractive market debt on the property and achieve very strong cash on cash returns.