1008 E Broadway Ave Sweetwater, TX 79556
Multi-tenant retail center in Sweetwater, Texas, anchored by national brands.
Type:Retail
Property size:
77,925 SFLot size:
6.71 AcresPrice / SF:
$62/SF- Added:
- Nov 6, 2024
- Days on Market:
- 534
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 1008 E Broadway Ave
General Information
- Standard status
- Active
- Size
- 77,925 SF
- Lot size
- 6.71 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1975
Listing agent Philip Levy License #TX 522087
Listing office Marcus & Millichap - Dallas
Listing date Nov 6, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Overview
Sweetwater Retail Center For Sale
Nolan County Plaza is a 77,925-square-foot, multi-tenant retail center located in Sweetwater, Texas. Constructed in 1975, the center is situated on approximately 6.71 acres with ample paved parking and a double-sided monument sign. The center is currently 94 percent occupied with approximately 50 percent of the leases on triple-net terms, providing significant upside potential in leasing remaining vacancies and converting all leases to triple-net. Anchored by Dollar Tree, Bealls, and Dollar General, the tenant base is a complementary mix of national, regional and local businesses. Other tenants include Shoe Sensation, Anytime Fitness, H&R Block, Mustang Donuts, Howdy Vape & Smoke, Spinners, Factory Connection, Sudden Link, and a Kooler Ice Kiosk located in the parking lot. Nolan County Plaza is located at the signalized intersection of East Broadway Avenue and Hailey Street. Broadway Avenue is one of the main east/west thoroughfares in the city. Nearby national and regional retailers include Ace Hardware, Sonic Drive-In, Harbor Freight Tools, Brookshire's, Pizza Hut, O'Reilly Auto Parts, Subway, Family Dollar, and many others. Sweetwater high School, Sweetwater Intermediate School, and Sweetwater Middle School are all in close proximity to the subject property, providing additional traffic to the area. The 10-mile population is approximately 13,864 residents, having an average household income of $60,194. Landlord reports a new roof will be installed by the end of 2024. Other recent property improvements include new exterior LED lights, sealed and striped parking lot, new electrical transformer, and complete renovations for Bealls and Shoe Sensation.
Location Intelligence
Current Use by Public Records
Shopping centers
Map
- City
- Sweetwater
- County
- Nolan
- State
- Texas
- Longitude
- -100.305
- Latitude
- 32.5104
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Multi-tenant retail center in Sweetwater, Texas, anchored by national brands.
Where is this shopping center located?
The property is located at 1008 E Broadway Ave Sweetwater, TX.
What is the asking price?
The asking price for this property is $4,882,500.
What are key features of this property?
This property features: 94% Occupancy Rate with Upside Potential: High occupancy indicates strong performance.; Strong Anchor Tenants: Anchored by Dollar Tree, Bealls, and Dollar General, attracting consistent customer traffic.; Strategic Location: Located at a signalized intersection on a main thoroughfare with proximity to schools and other retailers.
