1615 N Hampton Rd - Storefront FOR SALE


DeSoto, TX 75115
$6,700,000 USD
214-546-1200
1615 N Hampton Rd, DeSoto, TX for Sale
$6,700,000 USD
Storefront - FOR SALE
1/32
null | 6.64% Cap Rate

1615 N Hampton Rd
DeSoto, TX 75115


OVERVIEW

The Clocktower Shopping Center, located at 1615 & 1619 N Hampton Road in DeSoto, Texas, presents a prime investment opportunity in one of the fastest-growing metropolitan areas in the United States. This mixed-use property offers a combination of office, retail, and medical spaces, catering to a diverse tenant base and providing stable income potential. Built in 1984 and recently renovated in 2025, the property spans 38,809 square feet on a 3.57-acre lot. Zoned for General Retail (GR), it is strategically positioned in the Southern Dallas County market, specifically within the thriving DeSoto submarket. The center currently generates an annualized income of $715,588 ($18.44/SF/YR) with annualized expenses of $199,866 ($5.15/SF/YR), resulting in a strong Net Operating Income (NOI) of $444,645. The tenant mix includes established businesses such as Extraordinaire Hair Bar, Engineers of Tomorrow, Uptown Thrift, and Dallas Metrocare Services, with lease terms extending up to 2030. Two vacant spaces totaling 2,880 square feet are available for lease, offering additional income potential. Suite #145 (602 ft²) is listed at $1,793/month, and Suite #170 (2,278 ft²) is listed at $4,130/month, both including NNN expenses. These spaces are expected to lease quickly, further enhancing the property’s value. Managed by Options Real Estate, a firm with over three decades of experience in Southern Dallas County, the property benefits from professional property management services, including maintenance, tenant finish-out, and value enhancement. Options Real Estate is known for its commitment to community development and has a proven track record of restoring and building iconic properties in the region. This property is ideal for investors seeking a well-maintained, income-generating asset in a growing market. With its strong financial performance, diverse tenant base, and leasing potential, the Clocktower Shopping Center offers a compelling opportunity to capitalize on the growth and vibrancy of the DeSoto area. For inquiries, contact Monte Anderson at 214.546.1200.

FOR SALE DETAILS

PRICE

$6,700,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

6.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hampton Clocktower Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

3.57 AC

LAND SF

155,509 SF

ZONING

IP

APN/PARCEL ID

200496800A0030000

ASK ABOUT THIS PROPERTY

Monte AndersonOptions Real EstateMore Info
214-546-1200

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Monte AndersonOptions Real EstateMore Info
214-546-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.