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301 Tanger Dr
Terrell, TX 75160

The Shops at Terrell · Retail Property For Sale

Storefront Properties Texas Terrell 301 Tanger Dr, Terrell, TX 75160

Investment Highlights

  • 39-Unit Shopping Center | Strong National Tenants | New Roof in 2023
  • Exceptional Tenant Stability And Long-Term Success
  • Strategic Location | Frontage Along I-20 | 22.5+ Million Annual Vehicles
  • 1.3 Million Visits in the Last 12 Months | Large Trade Area
  • Below Market Rents | Significant Upside

Executive Summary

Value-Add Retail Asset with Below Market Rents

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
177,800 SF
Building Class
B
Year Built
1994
Price
$33,417,001 CAD
Price Per SF
$188 CAD
Cap Rate
9%
NOI
$3,007,530 CAD
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
23.21 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Commercial
Parking
1,543 Spaces (8.68 Spaces per 1,000 SF Leased)
Frontage
2,013 ft on Tanger Dr

Amenities

  • Freeway Visibility
  • Property Manager on Site
  • Pylon Sign
  • Signage

PROPERTY TAXES

Parcel Number 39637 Improvements Assessment $23,033,043 CAD
Land Assessment $1,437,682 CAD Total Assessment $24,470,725 CAD

PROPERTY TAXES

Parcel Number
39637
Land Assessment
$1,437,682 CAD
Improvements Assessment
$23,033,043 CAD
Total Assessment
$24,470,725 CAD
 

  • Listing ID: 34174136

  • Date on Market: 2024-12-12

  • Last Updated:

  • Address: 301 Tanger Dr, Terrell, TX 75160

The Retail Property at 301 Tanger Dr, Terrell, TX 75160 is currently available for sale. Contact Northmarq for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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