400-414 King StSeguin, TX 78155

For Sale
$1,295,000

Seguin, TX Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • NNN-leased to two tenants.
  • Strong regional corporate tenant, Gold Star, occupying space since 2015.
  • Less than 0.5 miles from Guadalupe Regional Medical Center, a Level IV trauma center with over $325 million in annual revenue.
  • Excellent retail location near CVS, Walgreens, Walmart Supercenter, HEB, and other national retailers.
  • Less than 0.5 miles from Seguin High School.
  • Located in Seguin, TX, within the San Antonio MSA, Texas's third-largest MSA.

Property Details for 400-414 King St

Property type
Lifestyle centers, Power centers
Square Feet
5,500 SF
Year Built
1987
Lot Size (sq. ft)
13,199 SF

Location Insight

City
Seguin
County
Guadalupe
State
Texas
Latitude
29.5717725
Longitude
-97.9502306
400-414 King St, Seguin, Texas

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400-414 King St
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