Lindale Corners 3222 S Main St 19,520 SF 93% Leased Retail Building Lindale, TX 75771 £3,871,197 (£198.32/SF) 6.89% Net Initial Yield
EXECUTIVE SUMMARY
Walmart Shadow Center in Lindale, Texas is located less than a mile from Interstate 20 in a high-traffic, rapidly growing area. This well-positioned retail center features a brand-new roof and a strong mix of national and local tenants, many with long-term occupancy, providing stability and reliable income. All tenants are on Triple Net (NNN) leases, minimizing landlord responsibilities and maximizing return.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,520 SF
Building Class
B
Year Built
2006
Price
£3,871,197
Price Per SF
£198.32
Net Initial Yield
6.89%
NOI
£266,660
Percent Leased
93%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.16
Lot Size
2.73 AC
Zoning
C-2 - Commercial
Parking
118 Spaces (6.05 Spaces per 1,000 SF Leased)
Frontage
338 ft on Centennial ln
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Green Nation
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Peak Rehabilitation
- Service type
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Green Nation | Retailer | 99,999 SF | - | Lorem Ipsum | - | |
| Peak Rehabilitation | Service type | 99,999 SF | - | Lorem Ipsum | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
This in-line retail space for lease at the Walmart Shadow Center in Lindale, Texas, offers an excellent location with high traffic counts, ensuring strong visibility and customer flow. The property is surrounded by reputable neighboring tenants, providing a thriving retail environment. Ideal for businesses seeking a strategic and well-trafficked location, this space is perfect for capturing a steady stream of customers.
| Space | Size | Space Use | Position | Available |
| 120 | 1,400 SF | Retail | In-Line | Now |
120
| Size |
| 1,400 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-47505-0000-00-003010 | Total Assessment | £656,030 |
| Land Assessment | £257,260 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £398,770 | Tax Year | 2024 |
