- For Sale $3,631,375
- Property Type Retail
- Property Size 656,166.3 SF
- Lot Size 5.92 SF
- Year Built 1978
- Date Updated Nov 6, 2026
Description
This is an exceptional opportunity to acquire a dominant, necessity-based retail center anchored by Tractor Supply Company and Goodwill at a signalized intersection in the heart of Center, Texas. The property serves as a primary retail destination for the surrounding trade area with strong visibility, steady traffic, and limited competitive supply. Both Tractor Supply and Goodwill have recently extended their leases, clearly demonstrating long-term commitment to the location. In-place rents are well below market and below replacement cost, creating meaningful embedded upside over time. The property is located in the tax-free state of Texas, enhancing after-tax returns. A new roof was completed in 2024, materially reducing near-term capital exposure and strengthening the overall investment profile.
Available
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