Heath Town Center - Phase II_Property for Sale
Heath Town Center - Phase II_Property for Sale
551 Laurence Dr, Heath, TX, 75032-1947, US

Heath Town Center - Phase II

Asset Description

JLL Capital Markets (“JLL”) is pleased to present the opportunity to acquire Heath Town Center – Phase II (the “Property”), a 13,927 square foot retail center located in Heath, TX, a high growth, affluent Dallas suburb with 50% population growth since 2010. The Property is newly constructed, and shadow anchored by a top-performing Tom Thumb with 16 years of term remaining. The 100% occupied property offers investors stable cash flow, boasting a WALT of 9.1 years. Heath Town Center – Phase II presents the opportunity to acquire a newly constructed retail asset within the thriving DFW metroplex.

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Attributes

Building area gross
13,927 sf
Occupancy
100%
Year built
2023

Media

Investment Highlights

  • Grocery shadow anchored
    • #1 Tom Thumb location in a district of 24 stores
  • Affluent & growing trade area
    • Average HH income of $193,767
  • Strong property fundamentals
    • Phase I & Phase II are 100% leased
Heath Town Center - Phase II 4_Property for Sale
Heath Town Center - Phase II 4_Property for Sale

Contact brokers

Heath Town Center - Phase II (0 Properties)

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Last updated
22 May 2024