Northgate Shopping Center

515 N 25 Mile Ave Hereford, TX 79045

515 N 25 Mile Ave, Hereford, TX, 79045
515 N 25 Mile Ave, Hereford, TX, 79045 515 N 25 Mile Ave, Hereford, TX, 79045 515 N 25 Mile Ave, Hereford, TX, 79045 515 N 25 Mile Ave, Hereford, TX, 79045 515 N 25 Mile Ave, Hereford, TX, 79045 515 N 25 Mile Ave, Hereford, TX, 79045
FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
$2,350,000
Last Verified:
Nov 25, 2024

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Highlights


Description

Embrace opportunity with this prime retail property in Hereford, TX. Boasting a substantial 50,835 SF building with 11 units, this property offers a promising investment for retail and street retail investors. Zoned for retail use and featuring a strong 75% occupancy rate, the property presents a solid foundation for immediate income generation. Located in the heart of Hereford, this property benefits from a strategic and dynamic location ideal for attracting both residents and visitors alike. Don't miss out on the chance to secure a valuable stake in this thriving retail market with a property that embodies potential, versatility, and lasting value.

Take advantage of operating your business at Northgate Shopping Center. Landlord will assist with improving your space to accomodate your business. Quick timeframe to work through the lease to opening the doors with construction services included. With occupancy levels extremely high these spaces will go quick and new lease inventory will not be on market. Now under new management and with Golden Chick opening soon this center will have high foot traffic.

Located at 515 North 25 Mile in Hereford, the location is centered in the majority of retail in town. The property boasts an upcoming Golden Chick restaurant, adding to the dynamic mix of offerings, with Stevens Five Star as its neighbor. Just a stone's throw away, Walmart provides a major retail anchor, while Tractor Supply within the center's parking lot enhances the area's appeal. With these key attractions and amenities, the property presents a prime opportunity for retail and street retail investors or tenants seeking to capitalize on the area's growth and convenience.

Building Size: 50835sq ft
Lot Size: 4.04 acres


Documents

Sale Brochure (L)
Lease Brochure (L)

Units for Lease

Suite 523
Space Available: 1856 SF
Lease Type: NNN

Price Per Sqft/Year: $7.00
Suite 522
Space Available: 1888 SF
Lease Type: NNN

Price Per Sqft/Year: $7.00
Suite 521
Space Available: 5062 SF
Lease Type: NNN

Price Per Sqft/Year: $7.00
Suite 529 - Previously Cargil
Space Available: 4400 SF
Lease Type: NNN

Price Per Sqft/Year: $10.00

Map of 515 N 25 Mile Ave, Hereford, TX, 79045

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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."

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