214-960-2887
, Keller, TX for Sale
FOR SALE
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The Shops at Keller Center Stage
Keller, TX


HIGHLIGHTS

  • 100% Leased Retail Center in the High Growth, Affluent Submarket of Keller, TX (DFW)
  • 23,843 SF Retail Center with Average Base Lease Term Expiration of August 2033
  • Rents Averaging Just $26.62 PSF NNN with Comparable New Construction in Keller and Adjacent Submarkets Consistently Over $40.00 PSF NNN
  • 6 Minutes from 27,000-Acre Master Planned AllianceTexas Development; Estimated $100.6 Billion in Economic Impact for North Texas
  • Located Directly Adjacent to Milestone Church Which Sees Weekly Visitors in Excess of 5,000 People & The Lyric Apartment Complex With 475 Units
  • Features Parallel Positioning to Highway 377, Average Suite Size of 2,384 SF, Shallow Bay Depth, Multiple Ingress/Egress Points & Masonry Construction

OVERVIEW

Built in 2022 with incredible fundamentals, The Shops at Keller Center Stage (the “Property”) is 100% leased to a complementary mix of restaurant, retail, medical and service uses with an average base lease term of August 2033. All ten (10) tenants experience annual rent bumps increases during their primary lease term averaging 3.00% annually. Current rents average $26.63 PSF NNN while comparable new construction small shop retail space in Keller and surrounding submarkets is consistently exceeding $36.00+ PSF NNN. Overall, the Property is strategically located next to The Lyric at Keller Center Stage Apartments, a 475-unit, three-story multifamily community, Milestone Church, which sees weekly visitors in excess of 5,000 people and benefits from direct frontage to Highway 377 (55,300+ VPD).

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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