Northpark Village
US - Lubbock, TX
€9,470,000 | 6,548 m²
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire Prestonwood Place (“the Property”), a best-in-class, retail mixed-use development with 155,975 square feet of blended occupancy and an exceptional line-up of trend-setting retailers. The Property is centrally located in Addison, within a 15 minute drive of both Downtown Dallas and suburban Frisco. Addison’s mixed-use environment not only ranks #1 in restaurants per capita but is also home to DFW’s premier suburban office market, Far North Dallas. Prestonwood Place is also surrounded by strong demand drivers, including a daytime population of 483,000 and consumer spending power of $19.7 billion within a 5-mile radius.
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Attributes
Building area Net
14,491 m²
Occupancy
94.00%
Year built
1979/1990/2020
Land area net
6.35 ha (63,455 m²)
Media
Investment Highlights
- Market-dominant destination location
- Premier tenant roster generating 1.4M visitors annually
- Dynamic tenant mix anchored by authoritative F&B
- Expansive trade area encompassing $48.9B of purchasing power
- Irreplaceable bullseye location with a trade area population of 891,000
- 94.2% leased with significant recent momentum
- Access to 1 million people in 20 minutes via DFW's major thoroughfares
Contact brokers
Prestonwood Place (0 Properties)
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Last updated
10 Apr 2023
