Texas Star Plaza Cedar Hill, TX

125 North Clark Road
Cedar Hill, TX

Price: $3,700,000
Cap Rate: 6.30%
NOI: $233,120
Building Size: Approx. 12,660 Sq. Ft.
Lot Size: Approx. 1.08 Acres
Type: Multi-Tenant / Retail
Year Built: 2007

Investment Overview

  • 2007 Construction. 12,660+/- SF Building on 1.08+/- Acre Site
  • 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+