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Property profile & analytics
OFF-MARKET
Lifestyle centers

301 Alton Blvd Alton, TX 78573

6,783 SF 0.69 ac lot Built 2016
Property ID
Property summary
AI-generated overview

This exceptional retail investment opportunity presents a 6,783 square foot, single-story building situated on a 0.69-acre lot in Alton, Texas. The property, built in 2016, boasts a 100% occupancy rate with five tenants: Verizon Wireless, Antojitos Mexicanos, Barri Financial, Fred Loya Insurance, and Pappa's Pizza, all operating under absolute NNN leases, minimizing landlord responsibilities. The property generates a strong net operating income (NOI) of $159,760, resulting in an attractive 7.25% cap rate. Located on US-107, a major thoroughfare with over 18,000 vehicles passing daily, this highly visible outparcel benefits from its proximity to a major supermarket attracting over 795,000 annual visitors. The area demonstrates robust growth, with a 10.1% population increase within a 5-mile radius since 2010. The asking price is $2,203,586, offering a compelling return on investment. National retailers like McDonald's, KFC, CVS, AutoZone, O'Reilly Auto Parts, and Dollar Tree are located nearby, further enhancing the property's desirability and potential for long-term growth. 80% of the current tenants have been in place since the center opened. This fee-simple ownership opportunity provides a stable and lucrative investment in a thriving Texas market.

Property profile
Verified
Property type Lifestyle centers
Year built 2016
Total area 6,783 SF
Lot 0.69 ac (30,056 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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