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2718-2720 N Main St 14,200 SF 100% Leased Retail Building Liberty, TX 77575 $1,500,000 ($105.63/SF) 8% Cap Rate
Investment Highlights
- Prime frontage on US-90/TX-146 with excellent visibility
- Strong local demographics and expanding population base
- Multi-tenant retail with existing leases in place
- Limited retail competition in the immediate area
Executive Summary
Seize this exceptional opportunity to acquire a highly visible multi-tenant retail strip center located at 2720 N Main St, strategically positioned along the US-90/TX-146 corridor in Liberty’s expanding retail district. This investment benefits from steady traffic, strong frontage exposure, and proximity to both national brands and local demand drivers. Currently configured with multiple leased suites, the property offers stable cash flow with in-place tenants and lease renewal options. The surrounding area continues to experience residential and commercial growth, supported by a thriving local economy and tourism from nearby historic attractions.
With limited retail competition and growing consumer needs, this center is well-positioned for long-term performance. Investors will appreciate the competitive cap rate and value-add upside in a high-demand but less saturated submarket.
With limited retail competition and growing consumer needs, this center is well-positioned for long-term performance. Investors will appreciate the competitive cap rate and value-add upside in a high-demand but less saturated submarket.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$141,000
|
$9.93
|
| Other Income |
$12,000
|
$0.85
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$153,000
|
$10.77
|
| Taxes |
$15,000
|
$1.06
|
| Operating Expenses |
$15,000
|
$1.06
|
| Total Expenses |
$30,000
|
$2.11
|
| Net Operating Income |
$123,000
|
$8.66
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $141,000 |
| Annual Per SF | $9.93 |
| Other Income | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $0.85 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $153,000 |
| Annual Per SF | $10.77 |
| Taxes | |
|---|---|
| Annual | $15,000 |
| Annual Per SF | $1.06 |
| Operating Expenses | |
|---|---|
| Annual | $15,000 |
| Annual Per SF | $1.06 |
| Total Expenses | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $2.11 |
| Net Operating Income | |
|---|---|
| Annual | $123,000 |
| Annual Per SF | $8.66 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
14,200 SF
Building Class
B
Year Built/Renovated
1978/2022
Price
$1,500,000
Price Per SF
$105.63
Cap Rate
8%
NOI
$120,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.01 AC
Zoning
Commercial
Amenities
- 24 Hour Access
- Freeway Visibility
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Resale Shop
- Retailer
- 1,660 SF
- $18.36
- Modified Gross
- -
- Serrano’s Multiservices LLC
- Services
- 1,600 SF
- $12.36
- Modified Gross
- Apr 2026
-
- Health Care and Social Assistance
- 2,600 SF
- $11.76
- Modified Gross
- May 2028
Texas State Optical began in 1936 when the Rogers family opened the first office in Beaumont, Texas. The company operates as a network of independent eye-care practices and focuses on comprehensive eye exams, contact lens services, medical eye care, eyewear selection, and optical accessories. Texas State Optical supports member doctors with tools and resources that help local practices deliver personalized patient care, while maintaining a broad statewide presence. The business also emphasizes licensed optometry, full-scope primary family eye care, and convenient scheduling for patients seeking routine or medical vision services.
- The Rattled Rooster Inc
- Accommodation and Food Services
- 1,600 SF
- $11.52
- Modified Gross
- Oct 2028
- Zana’s Treasure’s
- Retailer
- 2,400 SF
- $7.68
- Modified Gross
- Apr 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Resale Shop | Retailer | 1,660 SF | $18.36 | Modified Gross | - | |
| Serrano’s Multiservices LLC | Services | 1,600 SF | $12.36 | Modified Gross | Apr 2026 | |
|
|
Health Care and Social Assistance | 2,600 SF | $11.76 | Modified Gross | May 2028 | |
| The Rattled Rooster Inc | Accommodation and Food Services | 1,600 SF | $11.52 | Modified Gross | Oct 2028 | |
| Zana’s Treasure’s | Retailer | 2,400 SF | $7.68 | Modified Gross | Apr 2026 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 007435-000002-002 | Total Assessment | $662,890 (2025) |
| Land Assessment | $128,650 (2025) | Annual Taxes | $15,000 ($1.06/SF) |
| Improvements Assessment | $534,240 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
007435-000002-002
Land Assessment
$128,650 (2025)
Improvements Assessment
$534,240 (2025)
Total Assessment
$662,890 (2025)
Annual Taxes
$15,000 ($1.06/SF)
Tax Year
2024
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Contact the Sale Advisor
2718-2720 N Main St