- Below Market Rents – The Average Base Rental Rate in the Center Is $16.04/Sf, While the Average Market Rate for Like Kind Shopping Centers in Arlington Is $25/Sf+
- Strong Tenant Retention – Matlock Plaza Has Retained an Impressive 37.21% of Its Rent Roll for 4+ Years, 22.76% for 7+ Years, and 11.38% for 9+ Years
- NNN/Gross Lease Structures – The Property Benefits From This Mix, Allowing an Investor the Ability to Replace Gross Leases With NNN Structures, Significantly Increasing Revenues.
- The Average Suite Size in Matlock Plaza Is Only 1,570 SF, Which Is Among the Most Replaceable Suite Sizes in the Market.
- With 68% of the Center’s Occupancy in Place Until 2028, an Investor Will Have Ample Time for Potential Replacement While Enjoying Stable Cash-Flow.
- Priced Below Replacement Cost – At $240/SF, the Center Is Priced Well-Below Replacement Cost.
- Matlock Plaza Is Positioned Along the Southern Matlock Road Corridor and Is Visible to Over 38,000 Vehicles per Day.
Tenancy Type: Multi-Tenant
MyEyeDr./A1 Check Cashers
- 1990 Construction/2023 Renovation. 5,432+/- SF Building on 0.71+/- Acre Site
- Two Tenant Building with NNN Leases that Include a MyEyeDr. Corporate Guarantee With 10+ Years Remaining
- Ideally Positioned Near the Signalized Intersection of Spencer Hwy (34,000+ VPD) and Strawberry Rd (22,700+ VPD)
- Located in a Dense Retail Corridor of Pasadena, Across from Spencer Square (~200K SF), a Kroger-Anchored Shopping Center
- MyEyeDr. Has Grown to Over 820 Locations Nationwide and was Recently Purchased By Goldman Sachs
- A1 Check Cashers Provides Check Cashing Services, Money Orders Accepted Nationwide, and Bill Payments Services in Their 24 Locations
- Pasadena | Second Largest City in the Greater Houston Metro | Population: 152,000+
Shoppes at Whitestown | Lot 4
- 2023 Construction. 7,400+/- SF Building on 0.93+/- Acre Site. 100% Leased.
- Long term NNN leases with complimentary and internet/recession proof tenants including nationally recognized Tropical Smoothie Café, Chicken Salad Chick, Eyeglass World, and American Mattress.
- Newly constructed and fully leased outparcel to a recently developed and fully leased class A regional power center anchored by Hobby Lobby, Burlington, TJ Maxx, Ross and Planet Fitness.
- High profile and heavily trafficked interstate exit location with traffic counts in excess of 88,300 on I-65 and 31,500 on Whitestown Pkwy.
- Other tenants at the exit include Meijer, Lowe’s, Ashley, Five Below, Petco, Old Navy and dozens of restaurants, convenience stores, gas stations, banks, hotels and medical facilities.
- Whitestown has been the fastest growing community in Indiana every year for a decade with population growth of approx. 59% since 2010 within a 5-mile radius of subject property.
- Indianapolis | Crossroads of America | Population: 880,621+
Shoppes at Whitestown | Lot 3
- 2022 Construction. 5,000+/- SF Building on 0.93+/- Acre Site. 100% Leased.
- Long term NNN leases with complimentary and internet/recession proof tenants including nationally recognized Tropical Smoothie Café, Chicken Salad Chick, Eyeglass World, and American Mattress.
- Newly constructed and fully leased outparcel to a recently developed and fully leased class A regional power center anchored by Hobby Lobby, Burlington, TJ Maxx, Ross and Planet Fitness.
- High profile and heavily trafficked interstate exit location with traffic counts in excess of 88,300 on I-65 and 31,500 on Whitestown Pkwy.
- Other tenants at the exit include Meijer, Lowe’s, Ashley, Five Below, Petco, Old Navy and dozens of restaurants, convenience stores, gas stations, banks, hotels and medical facilities.
- Whitestown has been the fastest growing community in Indiana every year for a decade with population growth of approx. 59% since 2010 within a 5-mile radius of subject property.
- Indianapolis | Crossroads of America | Population: 880,621+
Take 5 Oil Change & 7 Brew Coffee
- 2024 Construction. 1,971+/- SF Building on 1.56+/- Acre Site
- Brand New, 15 Year NNN Ground Leases with 10% Rental Increases Every 5 Years
- Large 1.56 Acre Parcel Located on a Major Signalized Intersection with 20,000+ VPD
- High Growth Suburb of Dallas with 41.75% Population Increase Since 2020
- Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
- Take 5 has over 1,000 Locations & Over $3B in Revenue – Awarded the #1 Spot for Customer Satisfaction for Quick Oil Changes
- Red Oak | 47.75% Population Increase Since 2020 | MSA Population: 8,100,000+
Shoppes at Whitestown | Lot 6
- 2023 Construction. 6,000+/- SF Building on 0.70+/- Acre Site. 100% Leased.
- Long term NNN leases with complimentary and internet/recession proof tenants including nationally recognized Tropical Smoothie Café, Chicken Salad Chick, Eyeglass World, and American Mattress.
- Newly constructed and fully leased outparcel to a recently developed and fully leased class A regional power center anchored by Hobby Lobby, Burlington, TJ Maxx, Ross and Planet Fitness.
- High profile and heavily trafficked interstate exit location with traffic counts in excess of 88,300 on I-65 and 31,500 on Whitestown Pkwy.
- Other tenants at the exit include Meijer, Lowe’s, Ashley, Five Below, Petco, Old Navy and dozens of restaurants, convenience stores, gas stations, banks, hotels and medical facilities.
- Whitestown has been the fastest growing community in Indiana every year for a decade with population growth of approx. 59% since 2010 within a 5-mile radius of subject property.
- Indianapolis | Crossroads of America | Population: 880,621+
Southlake Pavilion
- Highly Sought After Owner/User Opportunity in Southlake, TX, Located Off the Heavily-Trafficked Southlake Blvd. Corridor.
- Below Market Rents With an Average of $19.48/Sf, Compared to $35.00/Sf in Similar Centers Nearby.
- Built-In Rental Increases With Annual Rent Bumps in Existing Leases.
- Strong Tenant Retention, With 46% of Tenants Occupying for Over 12 Years and 56% Over 9 Years.
- Majority of Rent Roll Consists of Small, Leasable Suites (69% Under 1,400 Sf), With Potential to Convert Remaining 31% for Higher Rents.
- Strong Demographics and High Spending Power in Southlake, TX, With Average Household Incomes Around $328,117 Per Year.
- High Visibility and Traffic Counts Off Southlake Blvd., With Approximately 56,319 Daily Traffic Count, Making It Ideal for Various Retail/Medical Uses.
7-Eleven Multi Tenant
- 2019 Construction. 5,491+/- SF Building on 0.593+/- Acre Site
- 15-Yr Corporate Net Lease Rare w/ 10% Rent Bumps Every 5 Years Starting Year 6 in Primary Term & Year 16 in Option Periods
- Local Area Tenants – Taqueria Los Cuates & Le Mode Boutique
- Strategically Located Along Buckner Blvd/TX Loop 12 w/ 53K VPD, Adjacent to C F Hawn Fwy w/ 92K VPD
- The DFW Metroplex is Home to Over 25 Fortune 500 Companies, Including: AT&T, American Airlines, Texas Instruments, & Exxon Mobile
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Dallas | 4th Largest MSA in the United States | Population: 1.35 Million
Texas Star Plaza
- 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+
Southwest Park Shopping Center
- 2005 Renovation. 24,454+/- SF Building on 2.07+/- Acre Site
- Diversified Tenant Mix and Excellent Occupancy History
- Located at Signalized Corner of Barrow (13,923 VPD) and 14th (32,856 VPD)
- Near Several National Tenants Including H-E-B, McDonald’s, Sonic, Starbucks, & Many More
- Priced Below Replacement Cost at $93.44/SF
- Abilene, Texas is a City in West Texas Located Off Interstate 20
- Abilene | Home to 6 Colleges and Universities | Population: 124,691