Retail

Hillcrest Village

6959 Arapaho Rd, Dallas, TX, 75248-4022, US

Executive Summarydownload
Hillcrest Village_Property for Sale

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Hillcrest Village 2_Property for Sale

Asset description

Jones Lang LaSalle ("JLL") is pleased to present the opportunity to acquire Hillcrest Village (the "Property"), a 113,033 square foot, 100% leased infill shopping center in booming Dallas, Texas. Acquired in 2018, current ownership has transformed Hillcrest Village into a premier service-oriented retail node serving the high-growth northern Dallas neighborhoods off Dallas North Tollway. The revitalized rent roll is stacked with well-known national brands and adored local favorites, including Cane Rosso, Haystack Burgers & Barley, Andy’s Frozen Custard, Howard Wang’s, and Starbucks boasting a WALT of 7.9 Years. The offering provides investors with the opportunity to acquire an institutional-quality, in-fill retail asset generating stable cash on cash returns in one of the nation’s top growth MSA’s.

Attributes

Building area gross
113,033 sf
Occupancy
100.00%
Year built
1985

Investment highlights

  • Rare infill opportunity in the city of Dallas' Richardson School District
  • 7.9 year WALT
  • Service-oriented tenant mix created via strategic re-development
  • Curated environment anchored by a 1.5 acre central park
  • Nation leading Dallas / Fort Worth economy
Hillcrest Village 4_Property for Sale
Hillcrest Village 4_Property for Sale

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Last updated
Nov 30, 2022