Northgate Shopping Center

For Sale

515 N 25 Mile Ave, Hereford, TX 79045

This Hereford property for sale is located at 515 N 25 Mile Ave. The current listed sale price for Northgate Shopping Center is $2,350,000. Northgate Shopping Center is situated on a lot that is 4.04 acre in size.

Contacts

broker

Josh Langham

Llano Real Estate Group

Property Details

  • Property Type Retail - Street Retail
  • Property Size 50,835 SF
  • Units 11
  • Lot Size 4.04 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Sep 22, 2024
Located at 515 North 25 Mile in Hereford, the location is centered in the majority of retail in town. The property boasts an upcoming Golden Chick restaurant, adding to the dynamic mix of offerings, with Stevens Five Star as its neighbor. Just a stone's throw away, Walmart provides a major retail anchor, while Tractor Supply within the center's parking lot enhances the area's appeal. With these key attractions and amenities, the property presents a prime opportunity for retail and street retail investors or tenants seeking to capitalize on the area's growth and convenience.Embrace opportunity with this prime retail property in Hereford, TX. Boasting a substantial 50,835 SF building with 11 units, this property offers a promising investment for retail and street retail investors. Zoned for retail use and featuring a strong 75% occupancy rate, the property presents a solid foundation for immediate income generation. Located in the heart of Hereford, this property benefits from a strategic and dynamic location ideal for attracting both residents and visitors alike. Don't miss out on the chance to secure a valuable stake in this thriving retail market with a property that embodies potential, versatility, and lasting value.Take advantage of operating your business at Northgate Shopping Center. Landlord will assist with improving your space to accomodate your business. Quick timeframe to work through the lease to opening the doors with construction services included. With occupancy levels extremely high these spaces will go quick and new lease inventory will not be on market. Now under new management and with Golden Chick opening soon this center will have high foot traffic.

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Highlights

  • - 50,835 SF building with 11 units
  • - Zoned for Retail use
  • - Prime location in Hereford area
  • - 75% occupancy rate
  • - Diverse tenant mix
  • - Strong rental history
  • - Ample parking for customers
  • - High visibility from main road
  • - Proximity to major retailers
  • - Potential for increased foot traffic

Getting around

  • 55/100

    Walk Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hereford, TX
  • Zip Code 79045

Points of Interest

  • Stripes

    1.56 miles

  • Love's

    1.74 miles

  • Parson‘s Steakhouse

    1.50 miles

  • Taqueria Jalisco

    1.54 miles

  • BBQ Shack

    1.55 miles

  • Great Wall

    1.58 miles

  • KFC

    1.62 miles

  • McDonald's

    1.69 miles

  • Carl's Jr.

    1.69 miles

  • Taco Bell

    1.72 miles

  • Pizza Hut Express

    1.76 miles

  • Dakota ´s Steakhouse

    1.77 miles

  • Walmart Supercenter

    0.35 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Josh Langham

Llano Real Estate Group