1208 N Robinson Drive

1208 N Robinson Dr, Robinson, TX 76706
For Sale
Retail

Overview

Option 1: Former Harvest Time Church - positioned on 4.89 acres comprising of two buildings totaling 29,897 SF and 224 parking spaces. The main building (sanctuary) is currently in shell condition and totals 21,800 SF. The Second building is finished out as offices/classrooms and totals approximately 8,097 SF. The property has strong visibility fronting Robinson Dr. and offers a unique investment or user opportunity in an area participating in significant growth. The building is being offered well below replacement costs at $46/SF or $1,400,000. Option 2: Offered at a 12% Cap Rate with 5+ years of remaining term. Upside potential with rent bump and 2,000 SF of vacancy in a standalone building (#5) along with 4 acres of additional land for the future development. Option 3: Includes all 14.55 acres with approximately 57,777 SF of improvements ($52/SF) spread across 6 buildings. Priced at $3,000,000, 45% of the property is leased to long term tenants including Kidz Daycare/Church and Peoples Quality Services.

Property Highlights

Retail

For Sale

Listing Type

4.89

Available Acres

57577
ac
sf

Available Square Footage

Available Acres

57577
ac
sf

Available Square Footage

Available Acres

sf
sf

Available Square Footage

Robinson

Market

Property Features

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