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Strip Mall Unit with On-Site Parking
New
For Lease
$11 SF/Yr

321 E Spring St Unit 135, Palestine, TX 75801

Commercial unit with reception, two offices, a bathroom, customer parking, and access from multiple entry and exit points.

Space SizeContact for details
Days on Market2

Property Features for 321 E Spring St Unit 135

General Information

Standard status Active
Lease Type NNN

Space & Availability

Space Use Retail
Private Offices 2

Lease Terms

Lease Rate $11 /USD/SF/YR
Rent per SF/Year $11

Site & Location

Traffic Count 9,720 vehicles/day
Road Access Yes

Amenities

Reception
2 Offices
Bathroom
Ample on-site parking

Building Details

Year Built 1987
Listing Agency: Drake Real Estate
Listed By: Matthew Marshall · License ##0544812
Source: Heritance
Added: Sep 13 Last Checked: Sep 13 at 2:52PM

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 Drake Real Estate

Investment Insights

Based on property information with market context.

This strip mall unit at 321 E Spring St includes a reception area, two offices, and a bathroom. The property was built in 1987 and provides on-site parking for customers and employees. Multiple ingress and egress points support access to the premises.

The property is located in Palestine, Texas, on E. Spring St., where traffic counts are approximately 9,720 VPD. The layout and access features support a range of commercial configurations, including retail, office, medical, and service-oriented uses.

Key Highlights

  • Reception area, 2 offices, and 1 bathroom
  • On‑site parking for customers and employees
  • Multiple ingress and egress points

Property Analytics

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Current Use

US Army Recruiting Military Recruiting Office USA Donuts Bakery China massage Alternative Medicine Practice Milligan Edward J ... Physician Guardian Angel Home ... Home Health Care Service

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Pharmacy HVAC Service Storage Facility Skin Care Clinic

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

9,720 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

761
Businesses Nearby

Demographics for 75801, TX

16,859
Population
7,259
Households
2.3
Avg Household Size
39
Median Age
21%
College-Educated
91%
High-School Grad
188.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,485
Median Household Income
$34,247
Median Earnings
$1,003
Median Rent
$163,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Commercial unit with reception, two offices, a bathroom, customer parking, and access from multiple entry and exit points.
Where is this strip mall located?
The property is located at 321 E Spring St Unit 135 Palestine, TX.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Reception area, 2 offices, and 1 bathroom; On‑site parking for customers and employees; Multiple ingress and egress points
More about this property
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