Marcus & Millichap is pleased to offer the opportunity to acquire an 8,303-square-foot, multi-tenant retail center that is shadow-anchored by a Walmart Supercenter in El Campo, Texas. The center is currently 100 percent leased, and all leases are triple-net. The tenant base is a complementary mix of service-oriented businesses, including Rent-A-Center, Fancy Nails, and Redrum Smoke & Vape. At closing, the seller will execute a master lease for the remaining vacant suite. The center was constructed in 2005 and is situated on a 0.97-acre parcel. Seller reports that a new thermoplastic TPO roof was installed in the fall of 2021.
- 8,303-Square-Foot, Multi-Tenant Retail Center
- Shadow-Anchored by Walmart Supercenter
- 100% Leased | All Leases are Triple-Net
- Complementary Mix of Internet-Resistant Tenants
- Anchored by Rent-A-Center (50% of the GLA) | Long-Term Tenant that has been in the Center for More Than 16 Years | Lease has a Corporate Guaranty from a Publicly Traded Company (NASDAQ: RCII)
- Seller will Execute a Master Lease for the Remaining Vacant Suite at Closing
- Seller Reports a New Thermoplastic TPO Roof was Recently Installed and has a 20-Year Transferrable Materials Warranty and a Two-Year Workmanship Warranty
- Located on West Loop Street Near North Mechanic Street | Traffic Counts are Approximately 11,100 Vehicles per Day
- Close Proximity to El Campo Memorial Hospital | One of the Leading Rural Health Care Hospitals in the Gulf Coast Region
- Across from Tractor Supply Co., Hibbett Sports, Cato, Great Clips, AT&T, and other National and Regional Retailers
- El Campo is the County Seat of Wharton County
