1200 Fm 51Decatur, TX 76234
For Sale
$6,826,029
Decatur, TX Retail Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- $6,826,029 asking price for Plaza Point Shopping Center, a 62,463 SF retail property in Decatur, TX.
- 100% occupancy with a 7.00% cap rate and $477,822 NOI.
- Tenants include Dollar Tree, Tractor Supply, O'Reilly Auto Parts, and CiCi's Pizza.
- Located on 6.7 acres at 1200 S FM 51, Decatur, TX 76234 (APN 787049).
- Built in 1988, renovated in 2008, with F1 Commercial zoning.
- New roof installation underway with a 20-year warranty.
Property Details for 1200 Fm 51
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 62,463 SF
- Year Built/Renovated
- 1988/2008
- Lot Size (sq. ft)
- 291,852 SF
Location Insight
- City
- Decatur
- County
- Wise
- State
- Texas
- Latitude
- 33.226031520324
- Longitude
- -97.594613656229
1200 Fm 51, Decatur, Texas
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website