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900 James Bowie Dr
New Boston, TX 75570
New Boston Corners · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Shadow-Anchored by Walmart Supercenter
  • Complementary Mix of Service Oriented, Internet Resistant Tenants
  • Additional Income Derived from a New Wells Fargo ATM (Under Construction)
  • 100% Occupied | 100% of the Gross Leasable Area has Triple-Net Leases
  • CATO & Domino's Pizza are Publicly Traded Companies | Both Tenants Recently Exercised Lease Extensions

PROPERTY FACTS

Property Type
Retail
Building Size
13,997 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.29 AC
Parking
60 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
233’ on James Bowie Drive

ABOUT 900 JAMES BOWIE DR , NEW BOSTON, TX 75570

Marcus & Millichap is pleased to offer the opportunity to acquire a 13,977-square foot, Walmart shadow-anchored, multi-tenant retail center in New Boston, Texas. New Boston Corners has a complementary mix of tenants, and 72 percent of the gross leaseable area has national credit tenants. Tenants include Anytime Fitness, CATO, Domino's Pizza, 9 Nails, and Christus St. Michael Urgent Care. CATO and Domino's Pizza are publicly-traded companies. Additional income is derived from an onsite Wells Fargo ATM, currently under construction. The center is 100 percent occupied, and all gross leasable area has triple-net leases. Constructed in 2005, the center is situated on 1.29-acres. New Boston Corners is located on James Bowie Drive parallel with Interstate 30. The property is shadow-anchored by Walmart Supercenter in the prime retail trade area in New Boston. Other national retailers in the area include Tractor Supply Co., Pizza Hut, Taco Bell, McDonald's, Ace Hardware, H&B Block, O'Reilly Auto Parts, Family Dollar, and more. The center is in close proximity to the Bowie County Courthouse. The center is also near two schools, Crestview Elementary and Oakview Primary School.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27564000300
Land Assessment
$420,000
Improvements Assessment
$1,617,649
Total Assessment
$2,037,649
  • Listing ID: 18434601

  • Date on Market: 2/6/2020

  • Last Updated:

  • Address: 900 James Bowie Dr, New Boston, TX 75570

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