Description
Where can you find a building for sale at a cap rate over 9%? This is the best commercial real estate investment being offered in Bell county. Lease rates are skyrocketing in Salado. DESTINATION RETAIL and experiential travel/shopping is the new trend. 2021 purchasers/shoppers are looking to experience shopping and not just buying the same things on amazon or the neiman marcus website. This building has been rewired, new plumbing, brand new city sewer, future development potential and great established tenants. Salado Creek Jewelers and Isabella's have both been in the building for around ten years. The current owner is currently leasing the back office and would be willing to continue leasing or would leave depending on new owner. Office tenant will be paying $500 monthly for new office starting May 1. 102-106 Main has an exceptionally diverse tenant mix in the heart of main street Salado.
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0BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
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3,311SQFT
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$151$/SQFT
Description
Where can you find a building for sale at a cap rate over 9%? This is the best commercial real estate investment being offered in Bell county. Lease rates are skyrocketing in Salado. DESTINATION RETAIL and experiential travel/shopping is the new trend. 2021 purchasers/shoppers are looking to experience shopping and not just buying the same things on amazon or the neiman marcus website. This building has been rewired, new plumbing, brand new city sewer, future development potential and great established tenants. Salado Creek Jewelers and Isabella's have both been in the building for around ten years. The current owner is currently leasing the back office and would be willing to continue leasing or would leave depending on new owner. Office tenant will be paying $500 monthly for new office starting May 1. 102-106 Main has an exceptionally diverse tenant mix in the heart of main street Salado.
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