Golden Chick - Rowlett, TX
9103 Lakeview Pkwy, Rowlett, TX, 75088, US
£2,411,000 | 3,861 sf
Description
Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire the property at 2025 S Dumas Ave (the “Property” or the “Asset”), a 84% leased, 9,111 square foot retail asset in Dumas, TX. The tenant roster features a strong mix of national and local tenants, including T-Mobile and Verizon with a considerable portion of the rent roll backed by the U.S. Government. The Property is grocery shadow anchored by Walmart, the only location in a 30-mile radius that draws from a 60-mile trade area. Located off Highway 87, Dumas Corners captures exposure to 19,137 vehicles per day for maximum tenant visibility and customer accessibility.
The Asset provides a unique investment opportunity to acquire an asset within the Texas Panhandle with immediate value-add opportunity, 3.6 Years of WALT and a strong 5-year CAGR of 5.61%.
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Attributes
Building area net
9,111 sf
Occupancy
84%
Year built
2004
WALT
4 years
Media
Investment Highlights
- Strategic Panhandle Energy Hub Location
- Wal-Mart Shadow-Anchored Center
- Prime Highway Access & Recreation Proximity
- Immediate Value-Add Opportunity
- Strong Growth & Income Profile
Contact brokers
Dumas Corners Strip Center (0 Properties)
