For Sale
$1,175,000

2209 Main StUvalde, TX 78801

High-yield retail investment, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, located at 2209 E Main St, Uvalde, TX 78801, presents a lucrative investment opportunity. The 17,816 square foot property sits on a 1.814-acre lot and boasts a commanding presence on East Main Street, between H-E-B and Walmart. The property features two buildings, each one story, with a total of four units currently operating at 100% occupancy. The asking price is $1,175,000, representing a compelling $65.95 per square foot and a 9.00% cap rate. The property includes 70+ parking spaces and a prominent double-sided digital marketing sign. The buildings were renovated six years ago. The property is zoned for commercial use and offers significant potential for expansion. With 1.814 acres of land, there's ample room to add more square footage or develop a fifth unit from the existing warehouse space. Current tenants are willing to continue leasing, ensuring a steady income stream. This is a rare opportunity to acquire a high-performing retail center in a prime Uvalde location. The property's strong tenant base, excellent visibility, and potential for future growth make it an ideal investment for discerning buyers.

Highlights

  • High-demand location with strong tenant interest.
  • Excellent visibility and accessibility from major thoroughfares.
  • Modern building systems and efficient floor plans.
  • Competitive rental rates in a thriving market.
  • Significant upside potential for future value appreciation.

Property Details for 2209 Main St

Property type
Lifestyle centers, Power centers
Square Feet
17,816 SF
Year Renovated
6
Buildings
2
Stories
1
Lot Size (sq. ft)
79,018 SF
Units
4

Location Insight

City
Uvalde
County
Uvalde
State
Texas
Latitude
29.22002904
Longitude
-99.76564288
2209 Main St, Uvalde, Texas

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2209 Main St
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