2102 H K Dodgen LoopTemple, TX 76504

For Sale
$6,300,000

Value-add shopping center, 92% occupied

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 22,215 square foot shopping center, located at 2102 SW H K Dodgen Loop in Temple, Texas (zip code 76504), presents a compelling value-add investment opportunity. Built in 2001 and renovated in 2023, the single-story, one-building property sits on a 1.65-acre lot and boasts seven units with 92% occupancy. The center benefits from a strong tenant roster, including three new leases or extensions signed within the last six months. Its prime location at the entrance of a major power center anchored by national retailers like Ulta, Marshalls, Ross Dress for Less, and Hobby Lobby ensures high visibility and accessibility. The property offers immediate value-add potential through lease-up of the remaining vacant space and opportunities to increase rental rates. This is a rare chance to acquire a well-positioned retail asset in a growing Texas metro area. The asking price is $6,300,000.

Highlights

  • 92% leased, Shops at Temple Towne Center features a strong tenant roster with 3 new leases/extensions in the last 6 months, offering immediate value-add potential.
  • Immediate value-add opportunity through lease-up of vacant space and rental rate increases.
  • Located in a major retail node with national anchors like Ulta, Marshalls, Ross, and Hobby Lobby.
  • Premium location at the entrance of a power center, providing excellent visibility and accessibility.
  • Situated in a growing Texas metro area.

Property Details for 2102 H K Dodgen Loop

Property type
Lifestyle centers, Power centers
Square Feet
22,215 SF
Year Built/Renovated
2001/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
71,874 SF
Units
7

Location Insight

City
Temple
County
Bell
State
Texas
Latitude
31.0766221
Longitude
-97.3772336
2102 H K Dodgen Loop, Temple, Texas

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2102 H K Dodgen Loop
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