
The Shops at Mockingbird
4550 West Mockingbird Lane, Dallas, TX, 75209, US
7,100 ㎡
Texas Strip Center Portfolio (the “Portfolio” or the “Offering”), as a portfolio or sub-portfolios, presents a rare investment opportunity of 10 high-quality strip centers across 4 Texas markets. This diversified Portfolio offers a unique investment in strip centers at scale in one of the Country’s most sought-after markets. At 89% leased with 9.3 years of average tenant tenure, the 223K+ square foot Offering provides robust in-place cash flows from a diverse mix of national, regional, and local tenancy. The Portfolio provides investors with immediate upside through lease-up of the existing vacancies and mark-to-market opportunities with in-place rents 28% below market resulting in a 6.02% 5-year CAGR.