3229-3249 Forest Ln - Freestanding FOR SALE


Garland, TX 75042
$2,578,000 USD
469-855-4430
3229-3249 Forest Ln, Garland, TX for Sale
$2,578,000 USD
Freestanding - FOR SALE
1/6
null | 7.22% Cap Rate

3229-3249 Forest Ln
Garland, TX 75042


HIGHLIGHTS

  • Forest Jupiter Plaza is 100% occupied with stable tenants, most of which are on NNN leases.
  • High traffic exposure for the tenants, boasting a daily traffic count of 31,315 vehicles.
  • Excellent connectivity, providing easy access to major highways such as Interstate 635 and US 75.
  • Just 2.6 miles from the newly rejuvenated Downtown Garland.
  • The area thrives with ongoing economic activity, attracting businesses due to its strategic location and high traffic.

OVERVIEW

Texas Legacy Realty is pleased to present the 100% and income-generating retail center, Forest Jupiter Plaza, to the market for a hands-off investment acquisition. Forest Jupiter Plaza is home to five local and internet-resistant tenants, each with prominent building signage and glass-windowed storefronts. There is plenty of parking on-site, as well as multiple points of entry and exit to the Plaza. Inquire today for more information.

FOR SALE DETAILS

PRICE

$2,578,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

7.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Forest Jupiter Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

CROSS STREETS

Barnes St

LAND ACRES

0.82 AC

LAND SF

35,589 SF

ZONING

C3, Garland

APN/PARCEL ID

26629500010010700

ASK ABOUT THIS PROPERTY

Rafe SongTexas Legacy RealtyMore Info
469-855-4430

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

Rafe SongTexas Legacy RealtyMore Info
469-855-4430

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