125 Clark Rd, Cedar Hill, TX 75104
11,660 SF | 100% Leased | Retail Building | Cedar Hill, TX 75104 | $3,700,000 ($317/SF) | 7.02% Cap Rate
For Sale
Active
Asking Price $3,700,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 11,660 SF
- Price / Square Foot
- $317
Listing Contacts
Sam House
Joseph Caputo
Property 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.
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.
Property Details
- Class
- C
- Year Built
- 2007
- Stories
- 1
- Property Subtype
- Storefront, Freestanding
- Lot Size (sq. ft)
- 47,045 SF
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+
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].