Paluxy River Center

Price: $3,405,500
Sq. Ft.: 16,200
Cap Rate: 7.25%
Pro Forma Cap Rate: 8.00%
Built: 2000
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Paluxy River Center is comprised of two multi-tenant buildings totaling 16,200 square feet in Glen Rose, Texas. The center is currently 93 percent occupied with a complementary mix of credit and local tenants on mostly triple-net leases. The diverse tenant base consists of Four Seasons Cleaners, Pizza Hut, Lone Star Clips, Subway, Kelley Agency, Hood Medical Group, Paluxy River Realty, Yoga For All, and Sunshine Doughnut. Constructed in 1998 and 2000, the buildings feature a metal roof and awnings, situated on 1.52 acres with ample paved parking.

Paluxy River Center is located on Southwest Big Bend Trail with traffic counts in front of the property exceeding 11,088 vehicles per day.  Shadow-anchored by Brookshire’s grocery store, the property is in close proximity to many national and regional retailers including Tractor Supply Co., Dollar General, O’Reilly Auto Parts, Starbucks, Chicken Express, Sonic Drive-In, 7-Eleven, McDonald’s, and others. Many hotels including La Quinta Inn & Suites, Best Western Dinosaur Valley Inn & Suites, Country Woods Inn, Baymont Inn & Suites, and more provide additional traffic to the area. The average household income is $95,763 within three miles; $96,214 within give miles; and $99,438 within ten miles.

  • Brookshire’s Grocery Shadow-Anchored Retail Center
  • 16,200-Square-Foot, Multi-Tenant Retail Center Comprised of Two Buildings
  • 93% Occupied | Future Upside Potential in Leasing Vacant Space
  • Complementary Mix of National and Local Businesses | 37% of the Gross Leasable Area is Medical
  • Buildings have a Metal Roof and Ample Paved Parking
  • Located on Southwest Big Bend Trail | Traffic Counts in Front of the Property Exceed 11,088 Vehicles per Day
  • Nearby National and Regional Retailers Include Tractor Supply Co., Dollar General, O’Reilly Auto Parts, Starbucks, Chicken Express, Sonic Drive-In, 7-Eleven, McDonald’s, and Others
  • Adjacent to School Campuses Including Glen Rose High School, Glen Rose Intermediate School, and Glen Rose Elementary School, Providing Additional Traffic to the Area
  • Famously Known as “Dinosaur Capital of Texas” for the Presence of Well-Preserved Dinosaur Tracks in the Paluxy Riverbed at Dinosaur Valley State Park
  • Glen Rose is Located Around the Junction of U.S. Highway 67 and State Highway 144 | Approximately 17 Miles South of Granbury and 52 Miles Southwest of Fort Worth