West Adams Retail Center For
1108 W Adams Ave Temple, TX 76504
For Sale
$1,350,000
5,424 SF retail center with income upside opportunity.
Property Size5,424 SF
Price / SF$248.89
Days on Market117
Property Features for 1108 W Adams Ave
General Information
- Standard status
- Active
- Size
- 5,424 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing Agency:
(817) 312-1388
Listed By:
Steve Fithian, CCIM, CPM, SEC · License #TX #0407418
(817) 312-1388
Source:
Svntrinity
Added: Apr 1
Changed: Jul 10
Last Checked: Jul 26 at 4:13AM
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 Steve Fithian, CCIM, CPM, SEC
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.3k | $20.52 |
| − Vacancy | −$6.3k | −$1.17 |
| EGI | $105.0k | $19.35 |
| − OpEx | −$31.5k | −$5.81 |
| NOI | $73.5k | $13.55 |
5,424 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fred Loya Insurance
Insurance Agency
Smoke Center
(Bike/Boat/Book/etc) Store
Domino's Pizza
Take-out & Catering
Metro by T-Mobile
Mobile Phone Store
Liberty Tax
Accounting Firm
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — H.E.B, 1314 W Adams Ave, Temple, TX 76501
- Runnels Realty — Temple, TX 76502, United States
- Merle Norman — Temple, TX 76501
- H E B — temple, tx 76501
FAQs
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
