For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    West Adams Retail Center For Sale Title is generated by Realmo AI

    1108 W Adams Ave, Temple, TX 76504

    View on Map
    Claim this Listing
    For Sale
    $1,350,000

    5,424 SF retail center with income upside opportunity.

    Type:Retail
    Property size:
    5,424 SF
    Price / SF:
    $248/SF
    Added:
    Apr 1, 2026
    Days on Market:
    72
    Last Refresh:
    Apr 1 at 11:41 am

    Property Features for 1108 W Adams Ave

    General Information

    Standard status
    Active
    Size
    5,424 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2016

    We can help!

    Listing Contact
    Steve Fithian, CCIM, CPM, SEC

    Listing agent Steve Fithian, CCIM, CPM, SEC License #TX #0407418

    Listing office

    Listing date Apr 1, 2026

    Source Svntrinity

    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

    HighLights

    • High‑Visibility Corner Location
    • Proven Tenancy & Durable Cash Flow
    • Income Upside Opportunity
    • Recent Leasing Momentum
    • Strong Market Fundamentals
    • Built in 2016

    Overview

    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.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $4,238,596 @ 7.0% cap · market cap 313.97%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.3521327
    Latitude
    31.1009501

    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
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message