815 Hutchins

Retail-Commercial for Sale
Catylist Listing ID: 30453864
Property Subtypes: Street Retail
Building Size (RSF): 16,800 SF
Gross Building Area: See Agent
Sale Price: $299,000
Unit Price: $17.80 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/5/2019

Overview / Comments

Dollar General Investment Opportunity along with great upside with the sale including a former day care building adjacent to Dollar General. Dollar General is leased until 2023 with renewals already negotiated.

The adjacent space is an 8,400 sq ft office/retail building with the former tenant being a day care facility. The property has great upside as investor can lease this out to increase yield on this investment.

Finally, a small lot which could be used for additional parking or future building is located behind Dollar General.

Conveniently located in the heart of Ballinger on Hutchins Ave (US - 67), one of the major roads that runs through the city.

Additional Details

Nearest MSA: San Angelo
County: Runnels
Tax ID/APN: R000008876

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 779 3,853 4,802
Median Age: 40.25 41.64 42.59
Households: 321 1,504 1,869

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