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1990 Highway 36 E, Rising Star, TX 76471 1990 Highway 36 E

60,069 SF 100% Leased Retail Building Rising Star, TX 76471 $1,422,000 CAD ($24 CAD/SF)

Investment Highlights

  • 11 Greenhouses
  • Loyal Customer Base
  • 5 water wells with pumps

Executive Summary

This sprawling wholesale nursery has it all - from fresh produce and plants to patio décor and gifts, this property truly has something for everyone. With over 52,000 square feet of greenhouse and retail space, you'll never run out of room to grow your business. Step inside and you'll be greeted by a retail store that offers gourmet food and home decor. With 11 greenhouses and display areas, you'll have ample space to showcase your beautiful plants and trees. The property features 5 water wells with pumps, ensuring that your plants always have access to water. The retail patio and store are the perfect place to showcase your wares. This wholesale nursery is perfectly positioned to take advantage of the expanding wholesale market. With a loyal customer base and a growing demand for quality plants and gardening supplies, the sky's the limit for your business. So come make your mark on the gardening community and start living your dream in this amazing property.

Financial Summary (Actual - 2022)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $820,494 $13.66
Taxes - -
Operating Expenses - -
Total Expenses $496,278 $8.26
Net Operating Income $324,216 $5.40

Financial Summary (Actual - 2022)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $820,494
Annual Per SF $13.66
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $496,278
Annual Per SF $8.26
Net Operating Income (CAD)
Annual $324,216
Annual Per SF $5.40

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
60,069 SF
Year Built
1970
Price
$1,422,000 CAD
Price Per SF
$24 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
13.00 AC
Frontage
793 ft on James Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1489
Land Assessment
$36,679 CAD (2023)
Improvements Assessment
$53,696 CAD (2023)
Total Assessment
$90,375 CAD (2023)
  • Listing ID: 28252071

  • Date on Market: 2023-04-17

  • Last Updated:

  • Address: 1990 Highway 36 E, Rising Star, TX 76471

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