2435 Northwest Hwy, Dallas, TX 75220
3 Retail Properties Offered at $17,995,000 in Dallas, TX
For Sale
Active
Asking Price $17,995,000
- Property Type
-
Retail
- Square Feet
- 77,381 SF
Listing Contacts
Shermin Murphy
Property Overview
An opportunity to acquire the fee simple interest (land and building ownership) in a 100% occupied, NNN leased, threebuilding, multi-tenant retail center situated on 6.4 Acres in Dallas, TX. The property features an e-commerce resistant tenant lineup of various food concepts, and service based retailers. All tenants have rental increases across their terms, and the tenants have a weighted average term of 6.6 years remaining, providing stable income and hedging against inflation for a future investor. Moreover, all tenants have signed leases that are NNN in nature, limiting landlord responsibilities to a minimum, and making it an ideal, low-management investment opportunity
for a passive investor.
The International Plaza is located near the signalized, hard corner intersection of Willowbrook Road and Harry Hines Boulevard, which witnessed an average of 30,700 vehicles passing by daily. Harry Hines Blvd also provides quick access to the on/off ramp to State Highway 12 (49,000 VPD) and Interstate 35E (214,900 VPD), which is the major retail thoroughfare serving the whole Dallas-Fort Worth MSA. The asset is a short drive to Dallas Love Field Airport, providing an easy and convenient stop for travelers. The property is in the center of a primary industrial cluster with limited supply but great demand for retail, demonstrating a rare opportunity for acquiring a very competitive asset in the heart of Dallas. The upcoming H-Mart Planned Development nearby suggests potential future growth and increased demand in the area, further enhancing the property's value. The 5-mile trade area is supported by a population of
over 246,900 with an average household income of $130,000.
Overall, this property is well-positioned to provide a solid return on investment and capitalize on the ongoing and future economic development in the area!
for a passive investor.
The International Plaza is located near the signalized, hard corner intersection of Willowbrook Road and Harry Hines Boulevard, which witnessed an average of 30,700 vehicles passing by daily. Harry Hines Blvd also provides quick access to the on/off ramp to State Highway 12 (49,000 VPD) and Interstate 35E (214,900 VPD), which is the major retail thoroughfare serving the whole Dallas-Fort Worth MSA. The asset is a short drive to Dallas Love Field Airport, providing an easy and convenient stop for travelers. The property is in the center of a primary industrial cluster with limited supply but great demand for retail, demonstrating a rare opportunity for acquiring a very competitive asset in the heart of Dallas. The upcoming H-Mart Planned Development nearby suggests potential future growth and increased demand in the area, further enhancing the property's value. The 5-mile trade area is supported by a population of
over 246,900 with an average household income of $130,000.
Overall, this property is well-positioned to provide a solid return on investment and capitalize on the ongoing and future economic development in the area!
Highlights
- 100% OCCUPIED | NNN LEASE | OPTIONS TO EXTEND
- NOTABLE RESTAURANTS | LOCAL DINING DESTINATION
- EXCELLENT LOCATION + ACCESSIBILITY | QUICK ACCESS TO STATE HWY 12 + INTERSTATE 35E
- 11 min. Drive to Dallas Love Field Airport and only minutes away from new H-Mart Planned Development
All available spaces
- Space
- International Plaza
- Size
- 21,813 SF
- Space Subtype
- Retail
- Space
- International Plaza
- Size
- 29,790 SF
- Space Subtype
- Retail
- Space
- International Plaza
- Size
- 25,778 SF
- Space Subtype
- Retail
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