Retail Strip Center with
766/807 Hurst Street Center, TX 75935
766/807 Hurst Street, Center, TX, 75935
$2,315,000
For Sale
$2,315,000
SINGLE_FAMILY - Center, TX
Lot Size1.85 Acres
Days on Market1439
Property Features for 766/807 Hurst Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- Lot size
- 1.85 Acres
Building Details
- Year built
- 2020
Listing Agency
CHARLES POOL REAL ESTATE
(936) 564-2622
3505 NORTH STREET, Nacogdoches, TX
Listed by
Jonathan Dunn · License #643757
(713) 319-4467
Added: Aug 11, 2022 Checked: Jul 19 at 8:06 am
MLS# 22200781
Copyright © 2026 Deep East Texas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property features high-visibility retail strip centers comprising two buildings with a mix of seven in-place tenant leases, offering stabilized income. It also presents a value-add opportunity through roof line expansion, lease restructure, mark-to-market opportunities, and the lease-up of 23 newly constructed self-storage units. There is room to add up to 15 more self-storage units. The property is situated on 1.85 acres. The Pro Forma Year 1 Net Operating Income is $217,753.72, resulting in a going-in cap rate of 9.65% at the asking price. The property is located in Center, Texas.
Key Highlights
- Pro Forma Year 1 Net Operating Income of $217,753.72.
- 9.65% going‑in cap rate at the asking price.
- Mix of stabilized income across (2) buildings and (7) in‑place tenant leases.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Strip malls
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - High-visibility retail strip center with income and expansion potential.
Where is this strip mall located?
The property is located at 766/807 Hurst Street Center, TX.
What is the asking price?
The asking price for this property is $2,315,000.
What are key features of this property?
This property features: Pro Forma Year 1 Net Operating Income of $217,753.72.; **9.65% going‑in cap rate at the asking price.**; Mix of stabilized income across (2) buildings and (7) in‑place tenant leases.
