DFW Value Add Shopping Center Near Walmart

Highlights:

• Below market rents
• Next to Walmart
• Most capital improvements recently done
• 3 buildins | 10 tenants | 100% occupied | NNN leased | Personal guarantees |
• Below replacement cost at $171/SF
• Near many national retailers

Description:

Value-Add Opportunity: Stabilize Leases To Market Rates
All NNN Leases With PG
Current Rent Roll:
49% Of SF Is At ~50% Below Market
25% Of SF Is At ~25% Below Market
25% Of SF Is At Market Rents With WALT Of 4.9 Years and Rent Escalations

This recently renovated shopping center offers a refreshed and inviting retail environment in the heart of Mesquite, TX. Significant capital improvements have been completed, including upgraded parking areas, new paint, enhanced lighting, and updated signage. A roof replacement is also underway, ensuring long-term stability and reduced near-term maintenance for ownership.
In addition to its strong visibility and improved curb appeal, the property presents a clear value-add opportunity through aligning rents with current market levels. With these renovations in place, the center is well-positioned to serve the surrounding community, attract quality tenants, and capture future growth in this thriving Dallas–Fort Worth suburb.

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