400-414 King StSeguin, TX 78155

Property Details for 400-414 King St

Year built

1987

Lot size

0.30 AC

Property size (Sq ft)

5,500 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional retail investment opportunity presents a 5,500 square foot storefront and shopping center located at 400-414 N. King St, Seguin, TX 78155. The property, built in 1987 and situated on a 0.303-acre lot, boasts a strong 7.32% capitalization rate and a current NOI of $92,567. Currently 55% occupied by two tenants, including a regional corporate tenant since 2015, the property benefits from a corporate guarantee lease structure (NNN). Its prime location offers excellent visibility and accessibility, less than half a mile from Guadalupe Regional Medical Center (a Level IV trauma center generating over $325 million in annual revenue) and surrounded by a variety of medical offices, pharmacies (CVS, Walgreens), and major retailers (Walmart, HEB, Tractor Supply, McDonald's, Whataburger, Advance Auto, T-Mobile, Prosperity Bank). The property's proximity to Seguin High School further enhances its appeal. Located in Guadalupe County, Seguin is part of the San Antonio MSA, the third largest in Texas, and has established itself as a retail hub for a three-county area. The asking price for this strategically positioned retail center is $1,295,000. This presents a compelling investment opportunity in a thriving Texas market.

Location Insight

City

Seguin

County

Guadalupe

State

Texas

Latitude

29.5718

Longitude

-97.9502

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