For Sale
Cap Rate: Confidential
Size: 29,621 SF
Lot Size: 2.80 Acres
100% Occupied Multi-Tenant Retail Center
• 29,621 SF neighborhood retail center situated on approximately 2.80 acres in Center, Texas.
• 100% occupied across three tenants, providing immediate and diversified in-place cash flow.
• Fully leased NNN structure provides expense reimbursements and limits landlord operating exposure.
National Tenant Lineup & NNN Lease Structure
• Anchored by Dollar Tree and Anytime Fitness, two nationally recognized brands occupying approximately 69% of the center’s GLA.
• Dollar Tree occupies 10,280 SF with a lease extending through January 2032, while Anytime Fitness occupies 10,277 SF through December 2030.
• All three tenants operate under NNN leases, providing expense reimbursements and reducing landlord operating exposure.
Strategic US 96 Retail Corridor Location
• Positioned along Tenaha Street/US 96, a key north-south commercial corridor serving Center and the surrounding Shelby County trade area.
• Approximately 8,559 vehicles per day along US 96 provide strong daily exposure and convenient regional access.
• Surrounded by established retailers and traffic generators including Walmart, CVS Pharmacy, Bealls, Super 8 and Goodwill, reinforcing the property’s position within Center’s primary retail node.
Established Regional Trade Area
• Located in Center, the county seat of Shelby County, positioning the property within an important commercial and service hub for the surrounding region.
• Strong daytime population of approximately 11,500 people within five miles supports demand from local employees in addition to area residents.
• Nearby employers include Portacool, High Roller Group, Nexion Health, Panola College and Walmart, contributing to a diversified local employment base.
