Property details

Dallas Fort Worth Center For Sale, Southwest Region

Property Description

Located in an Income Tax Free State!     

Dallas Fort Worth Center For Sale

Value-Add. 11% vacancy, all tenants at below market rent (majority of GLA at $6.60-7.00 versus Dallas area market average of $14.51), possible potential to create a pad.

Owner is seeking a 6.75 - 7.00% cap on in-place NOI.

Located in the Dallas–Fort Worth metroplex.

Solid anchor tenants.

Dominant retail node in trade area.

Solid anchor tenants.

At time of sale, occupancy of 97%

Three anchor tenants: Hobby Lobby (lease end 2027), Mardel (lease end 2026), and Big Lots (lease end 2020).

All of the tenants have below market rental rates which, once their lease terms are up, can be marked to market.

Built in 1995. Property renovated in 2002


Request property package


Cap Rate:

Property Information

Building Size:
149,000 sq.ft.
Property Type:
Shopping Center
Industry Type:
Shopping Center
Year Built:
Land Area:
14.50 acres
Purchase Tenure:
Fee Simple

Existing financing information


The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.