Retail•Street Retail•For Sale

Wharton Retail Center - Sale

10314 US-59, Wharton, Texas 77488

Sale Price Market
Sale Type Investment
Gross Bldg 15,070 SqFt
RBA 15,070 SqFt
Land Area 2 Acres
Market Austin
▶︎ Wharton Shopping Center - NNN Multi-Tenant & Single Tenant ▶︎ Being sold at Online Auction - Auction dates: February 10 - 12, 2020 ▶︎ Initial Bid: $600,000 - Auction Website: https://d.pr/ekB6cq NEC of US 59 & Hwy 102
  • Two retail building property shadow-anchored by Walmart Supercenter with $55,250,000 2018 estimated sales. Next to a 37,000 SF Buc-ee’s store.
  • Significant upside potential in lease-up of vacant space. All vacancy (5,328 SF) is second-generation space, currently in 4 suites.
  • The single-tenant building is NNN leased to La Casona Mexican Restaurant. The tenant has previously expressed interest in lease extension.
  • Each building is on its own one-acre parcel. The two buildings must be purchased together but could easily be sold separately.
  • Attractive and well located with excellent visibility and Access to 21,103 vehicles per day on Highway 59.
1/13/2020 5:23:11 PM 1/14/2020 10:45:35 PM
Alan Rust, CCIM
Principal - Investment Sales
Retail Solutions
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