Property profile

3250 E Main St Uvalde, TX 78801

FOR LEASE
Commercial real estate
Property ID
US82-5613290
24,320 SF 2.72 ac lot Built 2005
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 24,320 SF
Lot 2.72 ac (118,596 SF)
APN 102169
UPID US82-5613290

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hearing Aid Store Deaf Service
  • Hair Salon
  • Nail Salon
  • Mobile Phone Store Electronics & Wireless Store
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

3250 E Main St Uvalde, TX 78801
Uvalde metro Census 950202 UVALDE, TX MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.13M

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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