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.
- 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