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210 N Broadway St. 210 Broadway St 6,818 SF 100% Leased Retail Building Joshua, TX 76058 $875,000 ($128.34/SF) 6.68% Cap Rate



INVESTMENT HIGHLIGHTS
- Corner lot on major highway.
- Drive through.
- 2 retail spaces and 34 mini warehouse spaces.
- Steady income flow.
EXECUTIVE SUMMARY
CORNER LOCATION! This multi purpose neighborhood center is conveniently located immediately off HWY 174 at the southeast corner of Broadway (Highway 174) and 4th St. This property combines opportunity in the booming self storage market and in a leased retail strip center. Both properties generate consistent revenue, with a 34 unit self-storage facility achieving high occupancy rates and established dry cleaners and retail store are under secure leases. Strategically located to serve the local community and ensuring ongoing demand for services. A few of the amenities: high daily traffic counts and located on hard corner; steady cash flow; situated in a rapidly growing area; covered drive through; completely upgraded retail interiors including brick wall accents, newer flooring, and corrugated metal ceilings all in pristine condition. TPO roof installed in 2018. Utilities are individually metered. Tenant owned security systems. Constructed of block walls with wood joists. Whether you are an experienced investor or looking to enter the real estate arena, this opportunity is not to be overlooked!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$64,473
|
$9.46
|
| Other Income |
$12,092
|
$1.77
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$76,565
|
$11.23
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$18,074
|
$2.65
|
| Net Operating Income |
$58,491
|
$8.58
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $64,473 |
| Annual Per SF | $9.46 |
| Other Income | |
|---|---|
| Annual | $12,092 |
| Annual Per SF | $1.77 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $76,565 |
| Annual Per SF | $11.23 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $18,074 |
| Annual Per SF | $2.65 |
| Net Operating Income | |
|---|---|
| Annual | $58,491 |
| Annual Per SF | $8.58 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,818 SF
Building Class
C
Year Built/Renovated
1991/2018
Price
$875,000
Price Per SF
$128.34
Cap Rate
6.68%
NOI
$58,491
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.54 AC
Zoning
Commercial - Commercial
AMENITIES
- Corner Lot
- Freeway Visibility
- Signage
- Drive Thru
- Storage Space
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 126-0156-00105 | Improvements Assessment | $128,011 (2025) |
| Land Assessment | $113,301 (2025) | Total Assessment | $241,312 (2025) |
PROPERTY TAXES
Parcel Number
126-0156-00105
Land Assessment
$113,301 (2025)
Improvements Assessment
$128,011 (2025)
Total Assessment
$241,312 (2025)
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210 N Broadway St. | 210 Broadway St
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