Commerce Square_Property for Sale
Commerce Square_Property for Sale

Commerce Square

509 W Commerce St, Brownwood, TX, 76801-1705, US

Description

Jones Lang LaSalle ("JLL") is proud to exclusively present Commerce Square (the "Property"), a premier 150,459 square foot grocery anchored center in Brownwood, TX with 100% occupancy. Commerce Square features an impressive national tenant roster and retail mix including TJ Maxx, Burkes Outlet, Aldi, and Boot Barn, all secured with below-market rents providing substantial upside opportunity. Current in-place rents, sitting 32% below market value, position investors to capture impressive growth with a projected 5.28% 7-year CAGR. As the highest-trafficked retail destination in Brownwood, the Property also offers two future pad development opportunities on Commerce Street, creating additional imbedded upside for investors seeking both stable cash flow and compelling growth.

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Attributes

Building area net
150,459 sf
Occupancy
100%
Land area net
22 acres
WALT
4 years

Media

Investment Highlights

  1. Grocery-Anchored
  2. 2 Pad Development Opportunities
  3. Below Market Rents
  4. Compelling Future Upside
  5. Expansive Trade Area
Commerce Square 4_Property for Sale
Commerce Square 4_Property for Sale

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Commerce Square (0 Properties)

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Last updated
30 Jun 2025