West Adams Retail Center For
For Sale
$1,350,000
1108 W Adams Ave, Temple, TX 76504
5,424 SF retail center with income upside opportunity.
Property Size5,424 SF
Price / SF$248.89
Days on Market208
Property Features for 1108 W Adams Ave
General Information
Standard status
Active
Size
5,424 SF
Property subtype
Retail
Building Details
Building Size
5,424 SF
Year Built
2016
Listing Agency:
SVN | Trinity Advisors
Listed By:
Steve Fithian, CCIM, CPM, SEC · License #TX #0407418
(817) 312-1388
Source:
Svn
Added: Apr 1
Changed: Oct 12
Last Checked: Oct 24 at 2:57PM
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 SVN | Trinity Advisors
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Investment Insights
Based on property information with market context.
The West Adams Retail Center is a 5,424-square-foot retail property. It benefits from a high-visibility corner location and features proven tenancy and durable cash flow. The property offers income upside opportunity and has recent leasing momentum, indicating strong market fundamentals.
Key Highlights
- High‑Visibility Corner Location
- Proven Tenancy & Durable Cash Flow
- Income Upside Opportunity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,469
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,469,380
$1.5M
Cap Rate 7%
$1,049,557
$1.0M
Cap Rate 9%
$816,322
$816.3K
Market Conditions
NOI Build-Up for 5,424 SF
Gross rent
$111.3K $20.52/SF
− Vacancy
−$6.3K −$1.17/SF
EGI
$105.0K $19.35/SF
− OpEx
−$31.5K −$5.81/SF
NOI
$73.5K $13.55/SF
Area
Bell County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,469,380
Cap Rate 7%
$1,049,557
Cap Rate 9%
$816,322
Alternative Uses
Best Use
Retail
$1.05M
$918.4K – $1.22M
NOI $73,469 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$60.55M
$52.98M – $70.64M
NOI $4,238,596 @ 7.0% cap · market cap 313.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,124
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76504, TX
24,682
Population
11,068
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
30.8 sq mi
ZIP Area
801
Density / Sq Mi
$50,420
Median Household Income
$35,753
Median Earnings
$1,106
Median Rent
$162,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Runnels Realty — Temple, TX 76502, United States
- Merle Norman — Temple, TX 76501
- H E B — temple, tx 76501
- Coinstar Kiosk | Bitcoin ATM — H.E.B, 1314 W Adams Ave, Temple, TX 76501
Frequently Asked Questions
What type of property is this?
Shopping center - 5,424 SF retail center with income upside opportunity.
Where is this shopping center located?
The property is located at 1108 W Adams Ave Temple, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High‑Visibility Corner Location; Proven Tenancy & Durable Cash Flow; Income Upside Opportunity
