1155 Tenaha St, Center, TX 75935

Building Details

Year Built

1978

Listing agent Christopher Twist License #FL

Listing office Colliers - Fort Lauderdale, Florida

Listing date Jun 15, 2026

Source Crexi

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Overview

This shopping center totals 60,965 SF and is anchored by Tractor Supply Co. and Goodwill. The property is described as value-add with in-place rents that remain below market and below replacement cost, and the two anchor tenants have recently extended their leases. A new roof was completed in 2024, which is intended to help reduce near-term capital expenditure considerations.

The center is positioned at a signalized intersection, offering prominent visibility and access from passing traffic. Public remarks state traffic counts exceeding 5,000 vehicles per day, supporting the property’s role as a retail destination for the surrounding trade area within Center’s primary retail corridor.

For investors or owner-operators, the tenant mix centers on essential-use retail, anchored by nationally recognized operators with lease extensions. The combination of durable day-to-day traffic drivers, stabilized occupancy through the anchor commitments, and the noted gap between current rents and market/replacement cost is presented as the core strategy for value creation. The asset is offered for sale in a Texas market described as tax-friendly in the public remarks.

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Center

County

Shelby

State

Texas

Longitude

-94.1975

Latitude

31.7586

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FAQs

What type of property is this?

Shopping center - Necessity retail anchored by Tractor Supply and Goodwill at a signalized intersection in Center, Texas.

Where is this shopping center located?

The property is located at 1155 Tenaha St Center, TX.

What is the asking price?

The asking price for this property is $3,822,585.

What are key features of this property?

This property features: 60,965 SF necessity‑based retail shopping center in Center, TX, built in 1978; Anchored by Tractor Supply Co. and Goodwill, with both tenants recently extended leases; Located at a signalized intersection with traffic counts exceeding 5,000 vehicles per day