Eastland Plaza

Price: $3,319,000
Sq. Ft.: 48,317
Cap Rate: 7.5%

Eastland Plaza is a 48,317-square-foot, value-add, multi-tenant retail center located directly west of Interstate 20 in Eastland, Texas. The center is currently 83% occupied with a strong tenant base comprised of national tenants including Burkes Outlet, Burkes Outfitters, Aaron’s Rents, O’Reilly Auto Parts, and Cricket Wireless.

  • 48,317-Square-Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter | Adjacent to Tractor Supply Company and an AT&T Pad Site
  • Value-Add Opportunity | 83% Occupied | Pro Forma Cap Rate is 9.10%
  • Strong Tenant Base Comprised of National Tenants | Anchored by Burkes Outlet and Aaron’s | New Lease Executed with Rugged Earth Outfitters (Guaranteed by Beall’s Outlet Stores, Inc.)
  • Aaron’s, Cricket Wireless, and O’Reilly Auto Parts are Publicly Traded Companies | Cricket Wireless is a Franchise Location Operated by Talk4Less, Operator of more than 230 Locations
  • All Current Leases are Triple-Net
  • Property is Situated on Three Parcels Totaling Approximately Four Acres with Ample Paved Parking
  • Located on East Main Street with a Signalized Entrance
  • Just West of Interstate 20 | Major East-West Thoroughfare in the State | Traffic Counts are Approximately 24,830 Vehicles per Day
  • The City of Eastland is Located Approximately 96 Miles Southwest of Fort Worth and 55 Miles East of Abilene