Retail Space For Lease @ 1432 7th St

Remodeled high exposure ±15,000 SF freestanding office/retail building off the corner in the downtown heart of Sanger. Building offers (2) ±7,500 SF separately metered spaced rented month-to-month. The east side is a wide open clothing store with a large rear warehouse in the rear for storage of inventory. The west side is setup as a full service nail and hair salon with various hair/nail stations, wash stations, 2 offices for tanning rooms, small break room, and a large rear storage. There is also bonus upstairs offices. Tenants have made significant interior improvements on their own dime. The exterior is solid brick construction, and features a brand new roof. Vehicle access with parking in the front and rear in a very walk-able area (dense downtown location). Located in downtown Sanger in front of the "Main and Main" where events and the Christmas Tree is located annually. The visibility offers a tremendous draw of traffic from the nearby retailers and neighborhoods on top of the ±14,301 cars/day. Seller carry also available.

Current income is $2,300/month from the Thrift Store for 7,500 SF ($0.30/SF/month), $1,350/month from the Salon for a 4,000 SF showroom ($0.34/SF/month), and zero rent from the merchandise furniture tenant who stores inventory in the 3,500 SF rear storage space behind the Salon. Market lease values of at least $0.45/SF/month for the Thrift store of 7,500 SF, $0.60/SF/month for the turn-key Salon of 4,000 SF, and $0.15/SF/month for the rear storage of 3,500 SF. This space offers accomodations for: street retail.