Center Marketplace — Sale in Center, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Center, TX 75935

Photos

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Investment Figures

Cap rate
8.61%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

639 Hurst Street is a well-positioned multi-tenant retail center located along Center’s primary commercial corridor in East Texas. The property benefits from excellent visibility, strong accessibility, and proximity to major national retailers and daily traffic generators serving the broader Shelby County trade area. The center is occupied by a mix of necessity-based and service-oriented tenants that provide stable in-place cash flow. Center and the surrounding Shelby County economy are supported by a strong base of agribusiness, poultry production, manufacturing, forest products, education, retail and government employment. Agribusiness and food processing represents the largest employment sector among the industry categories reported by the City of Center, while forest and wood products and manufacturing provide additional employment. Major employers include Tyson Foods, Center Independent School District, Walmart Supercenter and Port-A-Cool, alongside county and municipal government operations. This combination of industrial, institutional and retail employment provides an important economic foundation for consumer activity within the Center trade area. The asset is located in a market with limited retail competition and minimal new development, supporting long-term tenant demand and occupancy stability. Serving Center and the surrounding rural communities, the property functions as an established retail destination and offers investors an attractive combination of durable tenancy, regional consumer draw, and stable cash flow. Investment Highlights: • High-visibility Location Along Main Retail Corridor | Next To Wal-Mart • Strong Regional Draw From Surrounding East Texas Communities • Stable Cash Flow With Diversified National Tenancy. • Stable Cash Flow With Diversified National Tenancy. • Positioned Near Major National Retailers and Traffic Drivers

Market Context

This retail in Center, TX is listed for sale. It is offered at an approximate 8.6% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Center, TX — view the full market.

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