Lake Pointe Market_Property for Sale
Lake Pointe Market_Property for Sale
6702 Dalrock Rd, Rowlett, TX, 75089, US

Lake Pointe Market

Asset Description


JLL Retail Capital Markets (“JLL”) is pleased to present the opportunity to acquire Lake Pointe Market (the “Property”), a 40,589 square foot shadow grocery-anchored retail center located within the growing community of Rowlett, TX. The Property is shadow anchored by the #1 Tom Thumb in the district and located at one of the premier, high traffic intersections in Rowlett. The Property caters to a burgeoning consumer base, with the surrounding area boasting an average household income of $126,096 (57% above the DFW average). Lake Pointe Market provides potential investors an opportunity to acquire a stabilized, neighborhood center within a high growth DFW suburb.

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Attributes

Building area Net
3,771 m²
Occupancy
97.00%
Year built
2002

Media

Investment Highlights

  • Shadow-Anchored by #1 Tom Thumb in the District
  • Diverse & Internet Proof Tenant Mix
  • Significant In-Place Cash Flow with Strong National Tenancy
  • Robust Demographics with 29% Population Growth since 2000 (3-Mile Radius)
  • Located at the Premier Intersection in Rowlett, Benefiting From $2.1B in Spending Power
Lake Pointe Market 4_Property for Sale

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Lake Pointe Market (0 Properties)

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Last updated
30 Nov 2022