2602 S Gregg Street

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

2602 S Gregg Street

Big Spring, TX 79720
Asking Price
$4.36M
Cap Rate
8%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

100% Occupied Multi-Tenant Retail | 8.00% CAP | NNN Leases <p><strong>100% Occupied Multi-Tenant Retail Center</strong></p><p>Coronado Plaza is fully leased to a complementary mix of national, regional and local tenants, providing diversified in-place income across five operators.</p><p></p><p><strong>Service-Oriented, In-Person Tenant Mix</strong></p><p>The rent roll is anchored by tenants serving fitness, healthcare, food, western/workwear and athletic retail needs, creating a tenant base less dependent on purely discretionary soft-goods shopping.</p>

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
1.84%
DSCR
0.31
Underwater
Cash-on-Cash
-13.67%
Monthly Payment
$21,565.954
Annual Cash Flow
$-178,791.444

Location & Travel Times