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    1401 Vly Ml Dr Beverly Hills, TX 76711

    For Lease
    $12 SF/Yr ($11,786 /Mo)

    High-traffic retail space near new H-E-B

    Lot size:
    11,786 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    University Center offers an exceptional retail leasing opportunity in McLennan County. This mixed-use shopping center boasts a total of 11,786 square feet, currently 100% vacant and available for lease. The property features two suites, with a minimum divisible space of 4,486 square feet and a maximum contiguous space of 7,300 square feet. The expansive lot size ranges from 19.6 to 54.2 acres, providing ample room for expansion or future development. This prime location benefits from its adjacency to a new H-E-B plus! shopping center, ensuring high visibility and foot traffic. The property is situated on a high-traffic thoroughfare, guaranteeing excellent exposure to potential customers. Furthermore, its proximity to the Floyd Casey project, a significant 73.8-acre development encompassing 259 single-family lots and additional mixed-use space, promises substantial growth and increased consumer density in the immediate vicinity. This presents a unique opportunity for businesses seeking a thriving location with strong potential for success. The property's central location and strategic placement within a rapidly developing area make it an ideal investment for retailers seeking significant market penetration.

    Property Features for 1401 Vly Ml Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,786 SF
    Total Rate
    11786

    Unit(s) available at that property

    Space
    Suite 10B
    Size
    7,300 SF
    Rate per SF
    $16
    Space
    Suite 10C
    Size
    4,486 SF
    Rate per SF
    $16

    HighLights

    • Adjacent to a new H‑E‑B plus! shopping center.
    • Centrally located.
    • High‑traffic thoroughfare.
    • Proximity to the Floyd Casey project, a 73.8‑acre development with 259 single‑family lots and 19.6 acres of mixed‑use space.
    • 11,786 SF retail space available in McLennan County, divisible into 4,486 SF - 7,300 SF units.
    Property Profile Location Intelligence

    Current Use by Public Records

    SilverMed Pharmacy Services Pharmacy Boost Mobile Cell Phone Store NPS LTC Pharmacy Joyce Waste Rentals Waste Management Service Ice and water Tailor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Beverly Hills
    County
    McLennan
    State
    Texas
    Longitude
    -97.1442357
    Latitude
    31.5253578

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space near new H-E-B
    Where is this lifestyle center located?
    The property is located at 1401 Vly Ml Dr Beverly Hills, TX.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Adjacent to a new H-E-B plus! shopping center.; Centrally located.; High-traffic thoroughfare.
    Request Owner's contact information
    1401 Vly Ml Dr Beverly Hills, TX 76711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 Vly Ml Dr Beverly Hills, TX 76711
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