214-294-4439
610 Uptown Blvd, Cedar Hill, TX for Sale
Office - FOR SALE
1/42
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610 Uptown Blvd
Cedar Hill, TX 75104
Downtown Cedar Hill


HIGHLIGHTS

  • IMMEDIATE UPSIDE THROUGH SMALL TENANT LEASING OF THE EXISTING VACANCY.
  • DYNAMIC LOCATION AMONGST AND ARRAY OF RETAIL AND RESIDENTIAL DEVELOPMENTS.
  • STRONG IN-PLACE CASH FLOW FROM DIVERSE ESTABLISHED TENANTS.
  • SHALLOW BAY DEPTHS THAT ARE IDEAL FOR SMALL TENANT SUITES.
  • EXTENSIVE RENOVATIONS. $3M INVESTED SINCE THE START OF 2014.
  • OUTSTANDING ACCESS TO AREA TRANSPORTATION NETWORKS VIA SH-67.

OVERVIEW

Younger Partners, as exclusive advisor, is pleased to present the opportunity to acquire Uptown Village (the “Property”). The Class A, mixed-use development seamlessly blends retail, medical, office and executive office spaces. Offering strong in-place cash flows that are secured by a diverse tenant mix, the Building has further upside through leasing in a competitive market with limited supply. Originally built in 2009, the Property is the only Class A asset in the submarket. Located in the master planned Hillside Village, the Property is surrounded by notable retail and multi-family developments and benefits from strong area demographics and market leading quality. Proximate to restaurants, shopping destinations and an abundance of affluent rooftops, Uptown Village is diversified mixed-use asset with significant in-place cash flow. 81% leased, the building offers sizeable in-place income and an appealing going in return. Home to a diverse mix of long term tenants, the building’s cash flows are secured by a WALT of nearly 5-years and anchored by retail and medical tenants. The building’s vacancy is demised into small suites that are ideally suited to the submarket. The remaining leasing feels like low hanging fruit for an engaged ownership and a direct path to increased returns. Available at a fraction of replacement cost, Uptown Village represents a compelling opportunity to acquire a mixed-use asset with established income and the upside of small tenant leasing in a thriving live-work-play environment.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Uptown Village

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

299

LAND DETAILS

LAND ACRES

3.74 AC

LAND SF

162,914 SF

ZONING

Z137

APN/PARCEL ID

160128000A0050000

ASK ABOUT THIS PROPERTY

Tom StrohbehnYounger Partners Dallas, LLCMore Info
214-294-4439

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Tom StrohbehnYounger Partners Dallas, LLCMore Info
214-294-4439

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