Heath Town Center Phase II Retail FOR SALE


Heath, TX
$8,798,000 USD
214-960-2887
, Heath, TX for Sale
$8,798,000 USD
Retail - FOR SALE
1/5
null | 6.15% Cap Rate

Heath Town Center Phase II
Heath, TX


HIGHLIGHTS

  • 100% Leased, 6-Tenant Retail Asset Located in Affluent Submarket of Heath, TX (DFW)
  • Average Household Income Exceeds $246,200, $170,100 and $132,700 in 1, 3 and 5 Mile Radii, Respectively
  • Average Lease Expiration of July 2032 with 5 of 6 Tenants Experiencing Rent Bumps During Primary Term
  • Tom Thumb Shadow Anchored
  • Notable Retailers in Close Proximity Include Tom Thumb, Costco, CVS Pharmacy, UPS, Tom Thumb Fuel Center, Starbucks, Great Clips, Chase Bank & More
  • 2022 Construction with Partial Masonry Construction, Shallow Bay Depth & Direct Frontage to Laurence Drive and FM 549

OVERVIEW

SHOP Investment Sales have been exclusively retained to offer the opportunity to acquire Heath Town Center Phase II (the “Property”), a newly constructed 13,927 square foot, 6-tenant retail center adjacent to strong retail, shadow anchored by Tom Thumb in Heath, Texas. Built in 2022, the Property is 100% leased to a complementary mix of food, service and medical tenants with an average lease expiration of July 2032. Heath Town Center Phase II benefits from an average household income over $246,200 within a one-mile radius in an affluent and high growth Dallas Fort Worth submarket.

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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

Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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