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Three-Tenant Retail Center
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1409 E Main St, Gatesville, TX 76528

Three-tenant retail center shadow-anchored by H-E-B in Gatesville, TX with 69.2% occupancy.

Property SizeContact for details
Days on Market122

Property Features for 1409 E Main St

General Information

Standard status Active
Property subtype Retail
Occupancy 69%

Additional Details

Cap Rate 7.06%

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: Philip Levy · License #TX 522087
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 2:27PM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

This for-sale retail center features a three-tenant configuration with a current occupancy of 69.2%. The property is described as being shadow-anchored by H-E-B.

Located at 1409 E Main St in Gatesville, Texas, the center benefits from its proximity to an H-E-B presence, supporting consistent retail traffic patterns tied to that anchor.

The offering is presented as an income-focused opportunity, with the listing remarks citing a 7.06% CAP.

Key Highlights

  • Three‑tenant retail center shadow‑anchored by H‑E‑B in Gatesville, TX
  • Stated 7.06% cap rate
  • 69.2% occupied

Property Analytics

Current Use

Super Buffet Restaurant Dept of Assistive & Rehab ... Medical Clinic Waco Best Fire ... General Contractor Performance Hydration Therapy, ... Gym & Fitness Center Ideal Self Storage ... Storage Facility

Suggested Use

Top Pick Locksmith Carpet & Flooring Store Plumbing Service (Bike/Boat/Book/etc) Store Pet Grooming Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

69.2%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby
Balanced
Demand for This Use

Demographics for 76528, TX

18,773
Population
7,311
Households
2.6
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
486.3 sq mi
ZIP Area
39
Density / Sq Mi
$66,989
Median Household Income
$37,705
Median Earnings
$848
Median Rent
$189,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM 1207 E Main St, Gatesville, TX 76528
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Frequently Asked Questions

What type of property is this?
Shopping center - Three-tenant retail center shadow-anchored by H-E-B in Gatesville, TX with 69.2% occupancy.
Where is this shopping center located?
The property is located at 1409 E Main St Gatesville, TX.
What are key features of this property?
This property features: Three‑tenant retail center shadow‑anchored by H‑E‑B in Gatesville, TX; Stated 7.06% cap rate; 69.2% occupied
(512) 338-7800 Call to check price and availability
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