Description
Prime neighborhood retail asset totaling 19,683 SF along Oakwood Ave. The established center offers strong visibility, steady daily traffic, & reliable customer flow driven by dense surrounding rooftops, schools, churches, & service businesses. Current NOI is approximately $151,869, reflecting an 8.4% cap rate. Many existing rents are significantly below market, allowing a new owner immediate value-add potential. Minutes from Memorial Parkway, University Dr, & downtown, the property is well positioned for long-term demand.
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0BEDS
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2.2ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Prime neighborhood retail asset totaling 19,683 SF along Oakwood Ave. The established center offers strong visibility, steady daily traffic, & reliable customer flow driven by dense surrounding rooftops, schools, churches, & service businesses. Current NOI is approximately $151,869, reflecting an 8.4% cap rate. Many existing rents are significantly below market, allowing a new owner immediate value-add potential. Minutes from Memorial Parkway, University Dr, & downtown, the property is well positioned for long-term demand.
© 2026 ValleyMLS. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Kendall James Realty and should be independently verified. Listings marked with the ValleyMLS logo are provided courtesy of the ValleyMLS IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-07-20T14:27:39.867.