125 N Clark Rd - Storefront FOR SALE


Cedar Hill, TX 75104
$4,100,000 USD
214-227-9869
125 N Clark Rd, Cedar Hill, TX for Sale
$4,100,000 USD
Storefront - FOR SALE
1/5
null | 6.34% Cap Rate

125 N Clark Rd
Cedar Hill, TX 75104


HIGHLIGHTS

  • Strong Tenant Retention – Over 37% of the Rent Roll has Occupied the Shopping Center for over 15 Yrs.
  • Below Market Rents/NNN Leases – The Weighted Average Base Rental Rate in the Center is Currently $18.37/SF
  • Hard Corner Location w/ Multiple Entry Points – On Belt Line Rd/Clark St. w/ Easy Access to US Highway 67
  • Small Suite Sizes – The Average Suite in the Center is Only 1,406 SF, which is Among the Most Leasable Sized Suites
  • Adjacently Positioned Near Investment-Grade Retailers
  • Cedar Hill | Located in the DFW Metroplex | Population: 48,341+

OVERVIEW

Secure Net Lease, as the exclusive listing broker and marketing advisor, is pleased to present the offering of Texas Star Plaza: a 91% occupied, 11,660 SF, 9-tenant shopping center with multiple access points located in the dynamic Cedar Hill submarket. Texas Star Plaza is strategically located at the hard corner of Belt Line Rd. and Clark Rd., just off the highly trafficked Hwy 67 in Cedar Hill, TX. It was built in 2007 and is occupied by a host of local and national complimentary tenants. The Shopping Center has great exposure and access from Hwy-67 as well as strong vehicle and foot traffic. The center enjoys proximity to National Retailers such as Best Buy, Hobby Lobby, Marshall’s, Ross, Sprouts, Walmart, Target, Dick’s Sporting Goods, Kroger, Burlington, The Home Depot, Kohl’s, Dillard’s, and many other industry leading tenants. The offering of Texas Star Plaza is a unique opportunity to acquire a stabilized, multi-tenant retail property in a continuously growing and highly sought after family-oriented submarket with low vacancy and appreciating rents.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

6.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Texas Star Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sam HouseSecure Net LeaseMore Info
214-227-9869

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Sam HouseSecure Net LeaseMore Info
214-227-9869

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.