Forney Retail Center is a 2 phase, 31,160 square foot center located in the heart of Forney, TX on Highway 80, which sees 40,000 to 50,000 Vehicles Per Day.
With 164 feet of frontage along the highway, two curb cuts, and excellent signage, the property has great visibility and access. The property also has excellent neighbors, including an Applebee’s, McDonalds, 7-Eleven, and Holiday Inn Express directly adjacent to the buildings. Downtown Forney is just one-half mile from the property, and within 1 mile there are various well-known retailers such as Best Western, Home Depot, McDonalds, 7-Eleven, Shell Gas Station, Chicken Express, and more.
The City of Forney has seen incredible household growth of 60% from 2010-2018, with further growth expected. The retail trade area consists of 57,000 people and is expected to grow by 50% to 86,000 people by 2023. The trade area provides demand of nearly $370,000,000 in retailer goods, which will only increase with population growth. The median household income in Forney is approximately $90,000.
The property is 96% occupied with nationally recognized tenants such as H&R Block, and Enterprise Rental Cars, along with strong local tenants such as Time Out Sports Café, and Forney Family Dentistry. The property also has a strong history of cash flow.
Forney Center is located along U.S Highway 80 in Forney, Texas, just east of Dallas. Over the last few years, Forney and the surrounding areas have been experiencing a phenomenal growth boom. The city has experienced a 200 % population growth from 2000 to 2010, and a 186% increase in new home growth for the same decade.
