Shops of Greenwood

Price: $7,250,000
Sq. Ft.: 44,200
Cap Rate: 9.09%
Pro Forma Cap Rate: 14.41%
Built: 2017/2020
  • 70% Occupied Retail Center | 49% of the GLA has NNN Leases
  • Value-Add Newer Construction with Upside on Lease-Up
  • Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses and Restaurants
  • Comprised of Five Buildings Situated on 4.33 Acres of Land
  • Buildings are Newer Construction with Attractive Architecture
  • Located on FM 307 | Traffic Counts Are Approximately 12,127 Vehicles Per Day
  • Affluent Surrounding Area | Average Household Income within 5 Miles is $100,858
  • Close Proximity to New Residential Developments including Vander Ranch by DR Horton, Silver Leaf Homes and Saddleback Estates
  • Surrounded by National and Regional Retailers including Walmart, H-E-B, Dollar General, Sonic, Whataburger, Chick-fil-A, and others