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    Anchored Necessity Retail Center Title is generated by Realmo AI

    1155 Tenaha St, Center, TX 75935

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

    Type:Retail
    Property size:
    60,965 SF
    Price / SF:
    $62/SF
    Added:
    Jun 15, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 20 at 3:52 am

    Property Features for 1155 Tenaha St

    General Information

    Standard status
    Active
    Size
    60,965 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1978

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    Listing Contact
    Christopher Twist

    Listing agent Christopher Twist License #FL

    Listing office Colliers - Fort Lauderdale, Florida

    Listing date Jun 15, 2026

    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 Colliers - Fort Lauderdale, Florida

    HighLights

    • 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
    • New roof completed in 2024
    • In‑place rents are below market and below replacement cost, providing potential rent growth

    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.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    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

    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
    More about this property
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