100 W Main St
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100 W Main St
29,980 SF 100% Leased Retail Building Eagle Pass, TX 78852 $1,771,837 CAD ($59 CAD/SF) 11.12% Cap Rate
Investment Highlights
- Stable Cash Flow with Upside
- Located in a Booming Port City
- Priced Well Below Replacement Cost
- Excellent Visibility
Executive Summary
The Property is a 29,980 square foot multi-tenant retail property positioned in downtown Eagle Pass. 100 Main has ample frontage along two busy downtown streets, Main St. and Commercial St., offering maximum visibility to downtown shoppers. The Property is located just one block from International Bridge 1, which connects Eagle Pass downtown shopping centers with the Piedras Negras downtown marketplace. The combined population of the Eagle Pass/Piedras Negras Metropolitan is approximately 220,000.
The Property is 100% occupied by quality tenants including the Nuvani Institute Beauty School, Maria’s Bridal + Floral, and A&B Fashions and offers stable cash flow and upside through rent increases. 100 Main is being offered below replacement cost at $41.69 psf with an in-place cap rate of 11.11%.
The Property is 100% occupied by quality tenants including the Nuvani Institute Beauty School, Maria’s Bridal + Floral, and A&B Fashions and offers stable cash flow and upside through rent increases. 100 Main is being offered below replacement cost at $41.69 psf with an in-place cap rate of 11.11%.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
29,980 SF
Building Class
C
Year Built
1980
Price
$1,771,837 CAD
Price Per SF
$59 CAD
Cap Rate
11.12%
NOI
$197,003 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Land Acres
0.60 AC
Zoning
B2 - General Commercial District
Frontage
Amenities
- Corner Lot
- Property Manager on Site
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 16497 | Improvements Assessment | $997,979 CAD |
| Land Assessment | $365,945 CAD | Total Assessment | $1,363,924 CAD |
PROPERTY TAXES
Parcel Number
16497
Land Assessment
$365,945 CAD
Improvements Assessment
$997,979 CAD
Total Assessment
$1,363,924 CAD
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100 W Main St
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