Value Add Shopping Center - Texas | 7.30 Cap Rate

1155 Tenaha St, Center, TX 75935

Property Information

  • For Sale $3,848,767
  • Property Type Other
  • Lot Size 5.92 SF
  • Parking Spaces Avail. 485
  • Year Built 1978
  • Date Updated May 13, 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.

Contacts

Christopher Twist

Location

Contact Listing Broker
Christopher Twist
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.