1401 Valley Mills Dr Beverly Hills, TX 76711
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.