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Village Square Shopping Center - Availability Details

750 East Pipeline Road, Hurst, TX 76053

  • For Sale $6,100,000
  • City Hurst
  • Zip Code 76053
  • Market Dallas Fort Worth
  • Property Type Retail - Strip
  • Property Size 77,140 Sqft
  • Lot Size 7.35 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Date Updated 14 May, 2021
The subject property is located on East Pipeline Road with multiple ingress and egress points. Traffic counts on East Pipeline Road are approximately 43,000 vehicles per day. The center is adjacent to Kroger grocery store, which has recently completed store renovations. Other neighboring national and regional retailers in the area include Domino’s Pizza, Dollar General, Subway, Boost Mobile, CVS Pharmacy, Walmart Neighborhood Market, Dollar Tree, Pizza Hut. The subject property is less than three miles from Northeast Mall, a popular shopping destination in the area. The city if Hurst is in the heart of the Dallas-Fort Worth Metroplex and part of the Mid-Cities between Dallas and Fort Worth. The area is densely populated with over 218,568 residents within five miles and an average household income of $77,782.
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Contacts

broker

Philip Levy

The Levy Retail Group

(972) 755-5225

Highlights

  • Value-Add Retail Investment Opportunity in the Desirable Dallas-Fort Worth Suburb of Hurst, Texas
  • Anchored by Family Dollar | Family Dollar is a Long-Term Tenant and has Occupied the Center for Over 25 Years
  • Below Market Rents
  • Adjacent to a Newly Renovated Kroger Grocery Store
  • 77,140-Square Foot Retail Center | Currently 85% Occupied | Significant Upside Potential with an 9.91% Pro Forma Cap Rate
  • All Existing Leases Excluding Family Dollar are Triple-Net
  • Complementary Mix of Internet-Resistant Tenants
  • Comprised of Three Buildings and Situated on 7.35 Acres
  • Located on East Pipeline Road | Traffic Counts are Approximately 43,000 Vehicles Per Day
  • Densely Populated Area with over 218,568 Residents within Five Miles and an Average Household Income of $77,782

Contact Listing Broker

broker

Philip Levy

The Levy Retail Group

(972) 755-5225

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