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Fully Leased Shopping Center
For Sale
$4,112,903

210/220 Crestway Dr, Athens, TX 75751

Commercial Sale, Athens, TX

Property Size20,590 SF
Price / SF$199.75
Days on Market64

Property Features for 210/220 Crestway Dr

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commeri
Subdivision Henderson
Standard status Active
APN 0171.0910.0A00.01
Size 20,590 SF

Taxes and HOA fees

Tax Description SEE AGENT REMARKS
Legal Description SEE AGENT REMARKS

Building Details

Year built 2006
Listing Agency: Stewart & McGee Real Estate, LLC.
Listed By: Julie Stewart · License #0391806
Added: Aug 7 Changed: Oct 6 Last Checked: Oct 9 at 4:06AM
MLS# 113289

Copyright © 2026 Henderson County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This shopping center comprises two commercial buildings totaling 20,590 square feet, both constructed in 2006. The property is 100% occupied by a varied tenant roster spanning restaurants, retail businesses, and professional offices. Restaurant occupants include Domino's, Kia Asian, and Roost, while other businesses include a dental practice, home health provider, smoke shop, nail salon, and hair salon.

The property is positioned in Athens, Texas, at the intersection of two Crestway addresses. Its tenant mix includes customer-facing businesses alongside office users, creating activity across multiple commercial categories. The offering is presented as a fully leased center with established occupancy and an existing operating tenant base.

Key Highlights

  • Two commercial buildings totaling 20,590 square feet
  • 100% occupied by restaurant, retail, and professional office tenants
  • Constructed in 2006

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$282,482
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,649,640 $5.6M
Cap Rate 7%
$4,035,457 $4.0M
Cap Rate 9%
$3,138,689 $3.1M
Market Conditions
NOI Build-Up for 20,590 SF
Gross rent
$412.6K $20.04/SF
− Vacancy
−$9.1K −$0.44/SF
EGI
$403.5K $19.60/SF
− OpEx
−$121.1K −$5.88/SF
NOI
$282.5K $13.72/SF
Area
Henderson County, TX
Vacancy
2.20%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,649,640
Cap Rate 7%
$4,035,457
Cap Rate 9%
$3,138,689

Alternative Uses

Best Use
Retail
$4.04M
$3.53M – $4.71M (±1% cap)
NOI $282,482 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.24M
$6.34M – $8.45M (±1% cap)
NOI $507,008 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Garden Center Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby
319k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Superstores 22% Shops & Services 15% Home Improvements & Furnishings 5%
Walmart Superstores
71,445 visits/mo 0.4 miles
McDonald's Dining
25,654 visits/mo 0.2 miles
Murphy USA Shops & Services
24,410 visits/mo 0.3 miles
Tractor Supply Co. Home Improvements & Furnishings
14,820 visits/mo 0.5 miles
Chili's Grill & Bar Dining
14,039 visits/mo 0.5 miles

Demographics for 75751, TX

17,100
Population
7,432
Households
2.3
Avg Household Size
39
Median Age
20%
College-Educated
85%
High-School Grad
180.4 sq mi
ZIP Area
95
Density / Sq Mi
$71,524
Median Household Income
$31,897
Median Earnings
$1,063
Median Rent
$205,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Two commercial buildings combine restaurant, retail, and professional office tenancy in Athens.
Where is this shopping center located?
The property is located at 210/220 Crestway Dr Athens, TX.
What is the asking price?
The asking price for this property is $4,112,903.
What are key features of this property?
This property features: Two commercial buildings totaling 20,590 square feet; 100% occupied by restaurant, retail, and professional office tenants; Constructed in 2006
More about this property
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