Josey Lane Crossing

Price: $2,060,000
Sq. Ft.: 5,116
Cap Rate: 6.0%
Built: 2022
  • 5,116-Square-Foot, Three-Tenant Retail Center
  • Shadow-Anchored by Walmart Neighborhood Market
  • Fully Stabilized Asset Featuring a Complementary Tenant Mix of National and Regional Retailers
  • 100% Occupied | All Leases are Triple-Net and have 10-Year Terms | Bank of America and Perla Dental have Scheduled Rent Increases
  • Building is New 2022 Construction with Minimal Landlord Responsibility
  • Well Positioned on Josey Lane Near the Signalized Intersection with Valley View Lane | Cumulative Traffic Counts Exceed 37,000 Vehicles per Day
  • Significant Commercial Development Surrounding the Property, Including Walmart Neighborhood Market, The Learning Experience, and a Baylor Scott & White Rehab Facility
  • Surrounding Area has Strong Demographics | Average Household Income is Approximately $106,727 within a Five-Mile Radius and has a Population Exceeding 298,781 Residents
  • Huge Employee Base of 532,055 within a Five-Mile Radius, a 78% Increase over the Residential Population