The Shops at Park Lane_Immobilie zu verkaufen
The Shops at Park Lane_Immobilie zu verkaufen
8080 Park Ln, Dallas, TX, 75231-5966, US

The Shops at Park Lane

Objektbeschreibung

Jones Lang LaSalle (“JLL”) is pleased to extend the opportunity to acquire The Shops at Park Lane (the “Property,” “Asset,” or “Offering”), an iconic, mixed-use asset consisting of 564,882 SF of powerhouse, Whole-Foods-anchored retail and 100,445 SF of Class A office space. The retail tenant roster boasts established, highperforming brands, including Nordstrom Rack, Bloomingdale’s Outlet, HomeGoods, and American Girl. The office component is 100% leased as the headquarters for credit tenant Kosmos Energy, one of the largest oil and gas companies in the country. The Property is located in the heart of Dallas along the North Central Expressway (U.S. Highway 75), one of Dallas’ most heavily trafficked retail nodes visible to 261,000 VPD. The corner of Park Lane and North Central Expressway produces over $1.7 Billion in annual commerce, with the Property located adjacent to the nationally recognized NorthPark Center. The Shops at Park Lane’s core location continues to attract tenants and retailers alike, with over 76K SF of new leasing activity within the past 12 months.


The Offering delivers robust in-place cash flow with value enhancement via lease-up and mark-to-market opportunities, providing investors a 10-year CAGR of 3.95%. The Shops at Park Lane is a generational opportunity for investors to acquire irreplaceable real estate within Dallas’ coveted mixed-use district surrounded by the strongest demographics in the Metroplex.

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Eigenschaften

Gebäudefläche Brutto
61.811 m²
Vermietungsstand
94 %
Baujahr
2009

Medien

Investment-Highlights

  • Strong CAGR of 3.95%
  • Highly Curated Retail Tenant Roster
  • 100% Leased Office Component
  • Value-Add Mark-to-Market Opportunities
  • Hyper-Core Mixed-Use Location
  • Affluent Trade Area
The Shops at Park Lane 4_Immobilie zu verkaufen
The Shops at Park Lane 4_Immobilie zu verkaufen

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The Shops at Park Lane (0 Objekte)
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Zuletzt aktualisiert
27. Feb. 2024