125 North Clark Road
Cedar Hill, TX
Price:
$3,700,000
Cap Rate:
7.03%
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+