Description

8841 US-175, Jacksonville is a retail investment opportunity at 8841 U.S. 175, Jacksonville, TX 75766. Its 6,000 SF of gross leasable area fronts a highway with traffic of 52,000 AADT, putting visibility at the center of the property's appeal.

Built in 2015, the retail building sits on a 2.06 acres commercial-zoned site. An open floor plan, stage and full bar give a buyer a layout with distinct operating features rather than a conventional inline retail space. The property also has an adjacent warehouse and storage building, paved on-site parking, assigned parking and covered parking. Together, the building layout and site give an owner or investor several physical features to weigh against their intended operation.

The property is directly on U.S. Highway 175 in Cherokee County, approximately 10 miles northwest of Jacksonville and approximately 27 miles southwest of Tyler. Highway frontage pairs the property's traffic exposure with access along the route connecting the area to Jacksonville, Tyler, Athens and Dallas-Fort Worth. For a retail operator, that puts the open-plan building and its parking in a setting oriented toward highway travel as well as local visits.

The asking price is $275,000, or $45.83 PSF and $133,495.15 per acre. The property has a $36,000 NOI and a 13.09% cap rate; stabilized NOI is $36,000 with a stabilized cap rate of 13.09%. The NNN lease structure is part of the investment picture, while the stage, bar and storage space distinguish the physical asset. Review the Offering Memorandum and Sale Brochure for the next step in underwriting.