Retail

Lake Pointe Market

6702 Dalrock Rd, Rowlett, TX, 75089, US

Executive Summarydownload
Lake Pointe Market_Property for Sale

Gallery

Lake Pointe Market 2_Property for Sale

Asset description


JLL Retail Capital Markets (“JLL”) is pleased to present the opportunity to acquire Lake Pointe Market (the “Property”), a 40,589 square foot shadow grocery-anchored retail center located within the growing community of Rowlett, TX. The Property is shadow anchored by the #1 Tom Thumb in the district and located at one of the premier, high traffic intersections in Rowlett. The Property caters to a burgeoning consumer base, with the surrounding area boasting an average household income of $126,096 (57% above the DFW average). Lake Pointe Market provides potential investors an opportunity to acquire a stabilized, neighborhood center within a high growth DFW suburb.

Attributes

Building area Net
40,589 sf
Occupancy
97.00%
Year built
2002

Investment highlights

  • Shadow-Anchored by #1 Tom Thumb in the District
  • Diverse & Internet Proof Tenant Mix
  • Significant In-Place Cash Flow with Strong National Tenancy
  • Robust Demographics with 29% Population Growth since 2000 (3-Mile Radius)
  • Located at the Premier Intersection in Rowlett, Benefiting From $2.1B in Spending Power
Lake Pointe Market 4_Property for Sale

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Last updated
Nov 8, 2022