Value-Add Retail
For Sale
Contact for pricing
1233 Tenaha Street, Center, TX 75935
Retail center with a new 2024 roof and recently extended anchor leases from Tractor Supply and Goodwill.
Property Size60,965 SF
Price / SF$63.13
Days on Market145
Property Features for 1233 Tenaha Street
General Information
Standard status
Active
Size
60,965 SF
Property subtype
RETAIL
Listing Agency:
Colliers | Fort Lauderdale
(561) 602-8390
Listed By:
Christopher Twist
(561) 602-8390
Source:
Moodyscre
Added: Mar 10
Changed: Jul 25
Last Checked: Jul 31 at 9:09AM
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
Investment Insights
Based on property information with market context.
This value-add retail center offers a mix of retail space positioned for long-term leasing performance. Tractor Supply and Goodwill recently extended their leases, reflecting continued commitment to the property. In-place rents are described as being below market and below replacement cost, creating potential upside for future leasing and rent adjustments. A new roof was completed in 2024, helping limit near-term capital expenditure risk.
The property is located at a signalized intersection with strong visibility and consistent traffic counts, supporting regular customer draw. The center is also described as home to necessity-based tenants designed to generate stable daily traffic and durable cash flow.
For buyers seeking a retail asset with maintained building infrastructure and confirmed tenant durability, this shopping center combines recent capital improvements with anchor lease extensions and current rent positioning that may support future growth.
The property is located at a signalized intersection with strong visibility and consistent traffic counts, supporting regular customer draw. The center is also described as home to necessity-based tenants designed to generate stable daily traffic and durable cash flow.
For buyers seeking a retail asset with maintained building infrastructure and confirmed tenant durability, this shopping center combines recent capital improvements with anchor lease extensions and current rent positioning that may support future growth.
Key Highlights
- Retail center with a new roof completed in 2024
- Tractor Supply and Goodwill recently extended their leases
- In‑place rents are below market and below replacement cost, providing long‑term upside
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
605
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75935, TX
13,060
Population
5,753
Households
2.3
Avg Household Size
39
Median Age
14%
College-Educated
82%
High-School Grad
356.9 sq mi
ZIP Area
37
Density / Sq Mi
$54,007
Median Household Income
$31,286
Median Earnings
$935
Median Rent
$118,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with a new 2024 roof and recently extended anchor leases from Tractor Supply and Goodwill.
Where is this shopping center located?
The property is located at 1233 Tenaha Street Center, TX.
What is the asking price?
The asking price for this property is $3,848,767.
What are key features of this property?
This property features: Retail center with a new roof completed in 2024; Tractor Supply and Goodwill recently extended their leases; In‑place rents are below market and below replacement cost, providing long‑term upside
