Secure Net Lease, a nationally recognized brokerage firm, has successfully closed the sale of Hillsboro Commons, a ±15,750-square-foot multi-tenant retail center located in Hillsboro, Texas. The center was acquired by a private capital investor from the Dallas-Fort Worth metroplex. The deal marked another value-driven transaction facilitated by Secure Net Lease in a high-visibility, secondary Texas market.

Sam House, who represented the seller, shared, “Hillsboro Commons had actually been on the market for a little over a year with another broker, but once we picked up the listing, we were able to re-position it, get the right eyes on it, and ultimately get it sold. Overall, it ended up being a pretty smooth transaction, and we were able to save the seller some major headaches by handling it the right way.”
Hillsboro Commons is strategically positioned near the intersection of Interstate 35 and U.S. Highway 77, just south of the Hillsboro Outlet Center and across from Walmart Supercenter. The location benefits from exceptional visibility and a consistent stream of consumer traffic drawn from both local residents and travelers along I-35. Secure Net Lease implemented a marketing approach that emphasized the property’s core strengths and lease-up potential. A key component of the closing strategy was managing a master lease structure in a way that avoided buyer credit negotiations, as the vacant space was backfilled prior to closing, simplifying the process and preserving seller value.

“The proximity to Walmart was also a major positive, especially in a secondary market like Hillsboro, because it gives the center strong daily traffic and long-term retail stability. That was a big driver for buyer interest, and in the end we were able to close at a very competitive cap rate for the area. We were really happy with how it all came together” Sam concluded.
The shopping center features a healthy mix of internet-resistant tenants and service-based operators that benefit from daily traffic generators in the immediate area. Hillsboro, located midway between Dallas and Waco, continues to benefit from population and infrastructure growth as development spreads along the I-35 corridor. This sale reinforces the growing investor appetite for stabilized multi-tenant assets in high-visibility, secondary market locations with strong national co-tenancy.
About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

















