2006 W Buckingham Rd - Retail FOR SALE


Garland, TX 75042
$3,459,000 USD
972-849-0750
2006 W Buckingham Rd, Garland, TX for Sale
$3,459,000 USD
Retail - FOR SALE
1/4
null | 7% Cap Rate

2006 W Buckingham Rd
Garland, TX 75042


OVERVIEW

Prime Stabilized Retail Investment Opportunity – Garland, TX (DFW MSA) Buckingham Plaza presents a rare opportunity to acquire a 100% occupied, stabilized retail shopping center in the heart of Garland, Texas, within the high-growth Dallas–Fort Worth Metroplex. This 12,710 SF retail center on a 1.15-acre lot is strategically positioned at a high-traffic intersection with over 38,000 vehicles per day, offering excellent visibility, easy access, and consistent customer flow. The property features a diverse and resilient tenant mix, including a well-established laundromat and multiple restaurant operators, providing stable cash flow and reduced tenant risk. The asset is offered at a 7.00% cap rate, with below-market rental rates, creating immediate and realistic upside for a new owner through rent optimization over time. The center is located in a well-established commercial corridor surrounded by strong retail, dining, and service businesses, further supporting long-term tenant demand. Significant capital improvements and updates have already been completed in 2023 with a new roof, allowing the next owner to step into a turn-key investment with minimal near-term maintenance concerns. Combined with ample parking, commercial zoning, and a business-friendly Texas environment (no state income tax), this property is ideally suited for both passive investors and value-add buyers. The Dallas–Fort Worth region continues to experience strong population growth, job expansion, and in-migration, making well-located neighborhood retail assets like Buckingham Plaza increasingly scarce and desirable. This offering is ideal for investors seeking: Stable income with upside potential A fully leased neighborhood retail center Long-term appreciation in one of the fastest-growing U.S. markets

FOR SALE DETAILS

PRICE

$3,459,000 USD

PRICE/SF

$4,751 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

Z90

APN/PARCEL ID

26249500220020100

ASK ABOUT THIS PROPERTY

David KohJ Realty Group LLCMore Info
972-849-0750

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David KohJ Realty Group LLCMore Info
972-849-0750

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