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3250 Main St Uvalde, TX 78801

Sponsored
For Sale
$4,329,113

High-traffic, 100% occupied shopping center.

Property size:
24,160 SF

Description

Added:
Dec 11, 2024
Days on Market:
394
This exceptional investment opportunity presents a 24,160-square-foot multi-tenant retail center in Uvalde, Texas, boasting 100% occupancy. Strategically located on East Main Street (US 90), a major thoroughfare with 23,586 vehicles daily, this property benefits from high visibility and strong traffic counts. The center is shadow-anchored by a Walmart Supercenter and features a diverse mix of seven national, regional, and local tenants, including Cricket Wireless, Deluxe Nails & Spa, Great Clips, Shoe Dept., Sally Beauty Supply, CATO, and Beltone Hearing Aids. Built in 2005, the property sits on 2.72 acres and includes a double-sided pylon sign. 80% of the gross leasable area operates under triple-net leases, offering significant upside potential. The property's prime location is complemented by its proximity to numerous national retailers, including AT&T, Applebee's, H-E-B, and more, as well as several hotels and Uvalde Memorial Hospital, a recently expanded county hospital serving five counties. The asking price is $4,329,113, representing a price per square foot of $179.19 and an 8.00% cap rate, with a current NOI of $346,329. This well-positioned shopping center offers a compelling investment opportunity with strong cash flow and growth potential. The property consists of nine units and features a total of 24,160 net rentable square feet.

Property Features for 3250 Main St

General Information

Property type
Lifestyle centers
Square Feet
24,160 SF
Lot Size
118,483 SF

Building Details

Year Built
2005
Units
9

HighLights

  • 24,160‑square‑foot multi‑tenant retail center in Uvalde, TX, offering value‑add potential.
  • Shadow‑anchored by a Walmart Supercenter.
  • 100% leased with 80% triple‑net leases, presenting significant upside potential.
  • Strong tenant mix of national, regional, and local retailers.
  • Located on high‑traffic East Main Street (US 90), averaging 23,586 vehicles per day.
  • Excellent location in a dense retail area near major national retailers like Walmart, AT&T, and H‑E‑B.
Property Profile Location Intelligence

Current Use by Public Records

BELTONE HEARING AID ... Hearing Aid Store Great Clips Hair Salon Deluxe nail & spa Nail Salon Cricket Wireless Authorized ... Cell Phone Store Sally Beauty Beauty Supply Store

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Uvalde
County
Uvalde
State
Texas
Longitude
-99.751864515806
Latitude
29.234931765256

FAQs

What type of property is this?
Lifestyle center - High-traffic, 100% occupied shopping center.
Where is this lifestyle center located?
The property is located at 3250 Main St Uvalde, TX.
What is the asking price?
The asking price for this property is $4,329,113.
What are key features of this property?
This property features: 24,160-square-foot multi-tenant retail center in Uvalde, TX, offering value-add potential.; Shadow-anchored by a Walmart Supercenter.; 100% leased with 80% triple-net leases, presenting significant upside potential.
More about this property
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