Gonzales Marketplace Strip Center Gonzales Texas

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Sands Investment Group is Pleased to Present For Sale the Gonzales Marketplace Strip Center Located in Gonzales, Texas. The Deal Includes a Shopping Center Sitting on 6.47 Acre Lot With a Strong National Tenant Mix Including Harbor Freight Recently Signing a New 10-Year Lease. At 80% Occupancy, Which Allows a New Owner to Significantly Increase Cash Flow Through Lease Up of the Remaining Vacancy. This Property is Also Located Along East Sarah Dewitt Drive With Over 16,000 VPD and Excellent Visibility From the Road.

• Value-Add Shopping Center: At 80% Occupancy, Which Allows a New Owner to Significantly Increase Cash Flow Through Lease-Up of the Remaining Vacancy; With an Asking Price of $74 PSF, This Property Can Be Bought at Well Below Its Replacement Cost
• New Leases with National Tenants: Harbor Freight Recently Executed a 10 Year Lease, and Shoe Sensation Has 7 Year Lease Out For Signature; Harbor Freight Has an Attractive Rent Escalation of 10% Starting in Year 6
• Traffic: Gonzales Marketplace Sits Along East Sarah Dewitt Drive With Over 16,000 VPD and Excellent Visibility From the Road
• Nearby Location Drivers: The Property is Located Nearby Victoria College Gonzales Center, Gonzales Healthcare Systems, Walmart Supercenter, HEB and Tractor Supply Co
• Location and Population: Gonzales is Just Minutes From I-10, Just One Hour From Two of Texas’ Largest Cities, Austin and San Antonio, and Two Hours From Houston; There Are Over 37,000 People Living in the Retail Trade With a Median Household Income Exceeding $55,000; The Daytime Population is More Than 30,000 People, Including Employed Persons, Retired Persons and the Student Population
• Workforce Development: The Gonzales Laborshed Offers a Robust Labor Population of Over 323,000 and Growing From Gonzales and 12 Neighboring Counties; Much of This Workforce Population Includes Early Education Through Technical Training and Colleges
• GAP Analysis: $101,711,041 Leakage, or to the Degree Consumers Travel Outside the Community For Certain Goods and Services; The Main Focus Categories Include Grocery Stores, Food and Beverage, Clothing Stores and Health & Personal Care Stores

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

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Please Click Link Below to Sign the Confidentiality Agreement to Receive the OM:  

Heroes Plaza Confidentiality Agreement Form

Sands Investment Group is Pleased to Present For Sale the Heroes Plaza Strip Center Located in Odessa, Texas. At 80% Occupancy, This Allows a New Owner to Significantly Increase Cash Flow Through Lease Up of the Remaining Vacancy, Converting All Existing Tenants to Triple Net (NNN) Leases and Pushing the In-Place Rents. The Property Benefits From a Diverse Rent Roll of Internet Resistant, Service Based Tenants. This Property is Also Conveniently Located Along North County Road With an Impressive Traffic Count of 26,485 VPD With Excellent Visibility From the Road.

• Stabilized Shopping Center: The Center is Currently 97% Occupied, Providing a Stable Investment For a New Owner With Brand-New Leases and Additional Upside in pushing Rents For the Remainder of the Tenants at the Site
• Traffic: Heroes Plaza Sits Along North County Road West That Sees 26,486 VPD With Excellent Visibility
• Strong Population Growth: The Population Within a 3-Mile Radius of the Property Has Grown By an Impressive 20.4% Since 2010 With Expected Population Growth of 14.3% By 2027
• Excellent Consumer Buying Power: With a Household Income of $81,493 Within a 1-Mile Radius of the Property, This Shows the Strong Consumer Buying Power For This Area and the Demand For Service Based Retail
• High Daytime Population: The Property Benefits From Being Surrounded By 34,487 Employees Within a 3-Mile Radius and Servicing These Employees With Uses Like a Gym, Restaurant and Spa During or After Work Hours
• Nearby Location Drivers: The Property is Located Near Other Notable Tenants Such as H-E-B Grocery, Sonic, O’Reilly Auto, Planet Fitness, United Supermarkets, Dickey’s BBQ and More, Driving Significant Traffic and Retail Synergy to the Area
• Odessa College: The Property is in Close Proximity to Several School Campuses, Including Odessa College Which Has Enrollment of Over 7,000 Students

In Cooperation With Sands Investment Group Ausঞn, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

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Sands Investment Group is Pleased to Present For Sale the Los Lunas Strip Center Located in Los Lunas, New Mexico. This Deal Includes an 100% Occupied 6-Unit Strip Center; Value-Add Opportunity With Below Market Rents and Ability to Convert Modified Gross Leases Into Triple Net (NNN) Leases, Providing For a Secure Investment.

• Value-Add Opportunity With Below Market Rents and Ability to Convert Modified Gross Leases Into Triple Net (NNN)
• New Roof Completed October, 2022. PVC / TPO Material
• New Building Exterior, Metal Awning and LED Lighting Being Done in March 2023
• 62% of GLA is on a Modified Gross Lease (2 Out of 5 Tenants)
• 38% of GLA is on an Absolute Triple Net (NNN) Lease (3 Out of 5 Tenants)
• 25% Below Market Rents
• 2.5% Market Vacancy Rate
• 2 of the 6 HVAC Units Replaced in 2023; 4 of the 6 Replaced in Last 3-5 Years
• 100% Occupied 6-Unit Strip Center
• No New Capital Expenses for New Ownership
• Minimum Landlord Responsibilities
• Retail Frontage on Highway 314
• Monument Signage Along Highway 314

In Cooperation With Sands Investment Group – Lic. #9623 BoR: Andrew Ackerman – Lic. NM #20310

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