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    Sweetwater Retail Center For Sale Title is generated by Realmo AI

    1008 E Broadway Ave, Sweetwater, TX 79556

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    Multi-tenant retail center in Sweetwater, Texas, anchored by national brands.

    Type:Retail
    Property size:
    77,925 SF
    Lot size:
    6.71 Acres
    Price / SF:
    $62/SF
    Added:
    Nov 6, 2024
    Days on Market:
    580
    Last Refresh:
    May 12 at 10:53 pm

    Property Features for 1008 E Broadway Ave

    General Information

    Standard status
    Active
    Size
    77,925 SF
    Lot size
    6.71 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1975

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    Listing Contact
    Philip Levy

    Listing agent Philip Levy License #TX 522087

    Listing office Marcus & Millichap - Dallas

    Listing date Nov 6, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas

    HighLights

    • 94% Occupancy Rate with Upside Potential: High occupancy indicates strong performance.
    • Strong Anchor Tenants: Anchored by Dollar Tree, Bealls, and Dollar General, attracting consistent customer traffic.
    • Strategic Location: Located at a signalized intersection on a main thoroughfare with proximity to schools and other retailers.
    • Recent Renovations and Improvements: Includes a new roof (by end of 2024), new LED lighting, parking lot improvements, and renovations for major tenants.
    • Diverse Tenant Mix: A complementary mix of national, regional, and local businesses provides a stable income stream.
    • Ample Parking and Signage: Situated on 6.71 acres with ample paved parking and a double‑sided monument sign.

    Overview

    Nolan County Plaza is a 77,925-square-foot, multi-tenant retail center located in Sweetwater, Texas. Constructed in 1975, the center is situated on approximately 6.71 acres with ample paved parking and a double-sided monument sign. The center is currently 94 percent occupied with approximately 50 percent of the leases on triple-net terms, providing significant upside potential in leasing remaining vacancies and converting all leases to triple-net. Anchored by Dollar Tree, Bealls, and Dollar General, the tenant base is a complementary mix of national, regional and local businesses. Other tenants include Shoe Sensation, Anytime Fitness, H&R Block, Mustang Donuts, Howdy Vape & Smoke, Spinners, Factory Connection, Sudden Link, and a Kooler Ice Kiosk located in the parking lot. Nolan County Plaza is located at the signalized intersection of East Broadway Avenue and Hailey Street. Broadway Avenue is one of the main east/west thoroughfares in the city. Nearby national and regional retailers include Ace Hardware, Sonic Drive-In, Harbor Freight Tools, Brookshire's, Pizza Hut, O'Reilly Auto Parts, Subway, Family Dollar, and many others. Sweetwater high School, Sweetwater Intermediate School, and Sweetwater Middle School are all in close proximity to the subject property, providing additional traffic to the area. The 10-mile population is approximately 13,864 residents, having an average household income of $60,194. Landlord reports a new roof will be installed by the end of 2024. Other recent property improvements include new exterior LED lights, sealed and striped parking lot, new electrical transformer, and complete renovations for Bealls and Shoe Sensation.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Map

    City
    Sweetwater
    County
    Nolan
    State
    Texas
    Longitude
    -100.305
    Latitude
    32.5104

    FAQs

    What type of property is this?
    Shopping center - Multi-tenant retail center in Sweetwater, Texas, anchored by national brands.
    Where is this shopping center located?
    The property is located at 1008 E Broadway Ave Sweetwater, TX.
    What is the asking price?
    The asking price for this property is $4,882,500.
    What are key features of this property?
    This property features: 94% Occupancy Rate with Upside Potential: High occupancy indicates strong performance.; Strong Anchor Tenants: Anchored by Dollar Tree, Bealls, and Dollar General, attracting consistent customer traffic.; Strategic Location: Located at a signalized intersection on a main thoroughfare with proximity to schools and other retailers.
    More about this property
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