6505-6575 Duck Creek Dr - Retail FOR SALE


Garland, TX 75043
$9,200,489 USD
972-839-0590
6505-6575 Duck Creek Dr, Garland, TX for Sale
$9,200,489 USD
Retail - FOR SALE
1/10
null | 7.4% Cap Rate

6505-6575 Duck Creek Dr
Garland, TX 75043


HIGHLIGHTS

  • Offered substantially below replacement cost at approximately $136/SF
  • Includes an Absolue Net Leased Burger King (2020)
  • In-place average rents of approximately $11.81/SF, with nearby retail comparables marketing between $18.00–$20.00/SF (NNN)
  • Strong surrounding demographics supported by established neighborhood services and daily-needs retail
  • Proximity to Super Walmart, generating over 247,000 monthly visits (Source: Placer.ai)

OVERVIEW

SVN Trinity Advisors is pleased to exclusively offer Broadway Creek Shopping Center, a 67,636 SF multi-tenant retail center located in Garland, Texas. This value-add retail investment is 100% leased to a diverse mix of 15 tenants, including Absolute Net Leased Burger King, Dollar General, Planet Fitness, and La Michoacana Meat Market. The property is positioned along one of the busiest retail corridors in southeast Garland and benefits from excellent visibility and strong traffic generators, including a nearby Super Walmart and several national retailers. Broadway Boulevard carries approximately 39,000+ vehicles per day and serves dense, established residential neighborhoods supported by numerous surrounding apartment communities. The center’s anchor tenants are secured at highly attractive rental rates and generate consistent foot traffic that supports a complementary mix of in-line tenants. With current rents below market and nearby retail spaces achieving rents of approximately $18/SF to $20/SF (per Costar), the property offers a clear path to rental growth. New ownership has the opportunity to significantly increase NOI through strategic lease-up and rent increases over the next 3 to 5 years. This is a proven, timeless retail location well-suited for investors seeking stable cash flow with meaningful upside potential.

FOR SALE DETAILS

PRICE

$9,200,489 USD

PRICE/SF

$136 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadway Creek Shopping Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Fast Food, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

346

LAND DETAILS

CROSS STREETS

Broadway Blvd

LAND ACRES

6.63 AC

LAND SF

288,803 SF

ZONING

Z239

APN/PARCEL ID

26381600010010000

ASK ABOUT THIS PROPERTY

Eliud Sangabriel, CCIMSVN | Trinity AdvisorsMore Info
972-839-0590

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

Eliud Sangabriel, CCIMSVN | Trinity AdvisorsMore Info
972-839-0590

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