Marcus & Millichap is pleased to present the opportunity to acquire two mixed use, multi-tenant buildings totaling 30,000 square feet located in Granbury, Texas. The center is currently 99 percent occupied with gross leases, providing future upside potential. The tenant base is a complementary mix of medical, office, and government tenants. Constructed in 2006 and 2008, the buildings are situated on two parcels totaling 2.92-acres.
Pecan Reserve Business Center I & II are located on Waters Edge Drive just south of US Highway 377. The property is in close proximity to many national retailers including Lowe’s Home Improvement, Walmart, CATO, Dollar Tree, The Home Depot, Staples, GameStop, Starbucks Coffee, Sally Beauty Supply, Taco Bell, Chick-fil-A, Sherwin Williams, Walgreens, and more. Over 38,000 residents are within five miles of the property, and the average household income is $80,939. Granbury is located in and the county seat of Hood County. Granbury is located 35 miles southwest of downtown Fort Worth and 65 miles southwest of downtown Dallas. Granbury is a small town with a rich Texas history. In 2019, USA Today voted Granbury as the “Best Historic Small Town.” The town is know for its historic square, historic landmarks, and many local dining establishments. The subject property is located just minutes from Lake Granbury, a popular destination for Dallas-Fort Worth residents.
- 30,000-Square Foot, Muli-Tenant Flex Center
- 99% Occupied with Gross Leases Providing Future Upside Potential
- Complementary Mix of Medical, Office, and Government Tenants
- Constructed in 2006 and 2008 | Situated on Two Parcels Totaling 2.92-Acres with a Concrete Parking Lot
- Buildings have a Metal Roof
- Located on Waters Edge Drive | South of US Highway 377
- Near Many National Retailers Including Lowe’s Home Improvement, Walmart, CATO, Dollar Tree, The Home Depot, Staples, GameStop, Starbucks Coffee, Sally Beauty Supply, Taco Bell, Chick-fil-A, Sherwin Williams, Walgreens, and more
- Household Income Within Five Miles is $80,939 | Population Exceeds 38,000 Residents Within Five Miles
- Granbury is the County Seat of Hood County
- Located 35 Miles Southwest of Downtown Fort Worth
- Voted “Best Historic Small Town” in 2019 by USA Today
- Minutes from Lake Granbury | A Popular Recreational Destination for Dallas-Fort Worth Residents
