2210 State Hwy Columbus, TX 78934
- Lifestyle centers
- 0.93 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 2210 State Hwy
- Year built
- 2023
- Lot size
- 0.93 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 2023-built retail center in Columbus, Texas, presents a compelling investment opportunity. Located at 2210 State Hwy 71, this 0.93-acre property boasts a single building housing a Popeyes and Domino's, generating a strong 6.75% cap rate. The asking price is $3,462,072.89, translating to $573.57 per square foot. The property benefits from its strategic location along State Hwy 71, providing convenient access to major thoroughfares including I-10 Hwy. Columbus's position along the Colorado River, approximately 70 miles west of Houston and 100 miles east of Austin, ensures a robust market presence. Further enhancing its appeal, the center is situated across from a shopping center anchored by Walmart and H-E-B, two major retailers, guaranteeing high foot traffic and visibility. This turnkey investment offers immediate cash flow and significant long-term growth potential in a thriving Texas market. The property is classified as both a shopping center and storefront, offering versatility and diverse income streams.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Colorado
- State
- Texas
- Longitude
- -96.5402
- Latitude
- 29.694
