6401 Tx-317 Temple, TX 76502
Live Oak Square, a 9,650 square foot shopping center in Temple, Texas, presents a compelling investment opportunity. This 100% occupied, multi-tenant property boasts a strong net operating income (NOI) of $143,248, yielding a 7.20% cap rate. The asking price is $1,990,000, and the sale includes a seller leaseback for a remaining term of 3 years under a Net Net (NN) lease. Strategically located on TX-317, the property benefits from high visibility with approximately 22,950 vehicles passing daily. The 0.99-acre lot is zoned GR, and the property is ideally situated within a 3-mile radius of over 2,200 residential units. This retail investment offers a stable income stream with significant upside potential, given the property's prime location and high occupancy rate. The strong demographics of Temple, Texas, further enhance the long-term value of this asset. The property's location provides convenient access to a thriving community, benefiting from the economic activity and population growth in the area. This is an exceptional opportunity for investors seeking a stable, high-performing retail investment in a growing Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.