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$1,199,000
Est. payment /mo
2.74 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 25017659
Lot Size 2.744 Acres
Acres 2.744
Lot Dimensions 255 x 317
Property Sub-Type Building
Property Description
This property presents an excellent opportunity to acquire a stabilized, income-producing retail strip center positioned on a high-visibility corridor. The center is currently 95.3% occupied, providing predictable cash flow with minimal near-term rollover risk. A single vacant suite offers immediate upside potential through lease-up at market rental rates. Situated along W. Gentry Parkway, a heavily traveled commercial artery with more than 20,000 vehicles passing by per day, this asset benefits from strong exposure, easy accessibility, and consistent consumer traffic. The surrounding area supports a mix of commercial and residential uses, making the site ideal for retail or service tenants.
Location
State TX
County Smith
Area Smith
Zoning Commercial
Exterior
View Y/N No
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Listed by Sam Scarborough • Scarborough Commercial Real Estate
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