Bealls Building

531 N. 25 Mile Ave Hereford , TX 79045

FOR LEASE
Property Type:
Street Retail
Last Verified:
Nov 21, 2020


Description

Large box with offices and storage in the back

Shopping center located in the central area of town

Building Size: 17639.0sq ft
Lot Size: 4.42 acres

Units for Lease

Bealls
Space Available: 49316 SF
Lease Type: NNN

Price Per Sqft/Year: $5.0

Map of 531 N. 25 Mile Ave, Hereford , TX, 79045

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.