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.