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Investment Highlights

  • Multi-tenant retail center situated on a highly visible retail corridor.
  • Below-market rents across the center offer immediate upside potential.
  • Located adjacent to a major retail corridor.
  • All tenants have Fair Market Value or No renewal options to provide flexibility.
  • Strong and diverse tenant mix creates stability.

Executive Summary

Trova Plaza presents the opportunity to acquire a fully occupied multi-tenant retail center located along South Carrier Parkway in Grand Prairie, Texas. The property consists of seven tenants and is positioned within an established retail corridor surrounded by national retailers including Target, Home Depot, Family Dollar, Tom Thumb, and Cinemark Grand Prairie. The surrounding commercial concentration helps support daily consumer activity and provides consistent visibility for tenants operating at the property.
The center benefits from convenient regional access via Interstate 20, President George Bush Turnpike, and other major transportation routes serving the Dallas-Fort Worth Metroplex. Grand Prairie's central location between Dallas and Fort Worth provides connectivity to one of the nation's largest metropolitan areas, supporting a broad customer base and workforce accessibility. Dallas Fort Worth International Airport and Dallas Love Field are also located within the regional trade area, further enhancing connectivity.
From an investment perspective, the property is 100% occupied with a diversified mix of retail, service, fitness, restaurant, financial services, and personal care tenants. The rent roll reflects staggered lease expirations, helping reduce concentration risk and supporting income continuity. Several leases contain fair market value renewal structures or no renewal options, creating future leasing flexibility. The asset's established occupancy, neighborhood retail positioning, and location within a heavily developed commercial corridor provide investors with a stabilized income-producing property in a mature Dallas-Fort Worth submarket.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,000 SF
Building Class
B
Year Built
2000
Price
$4,470,000
Price Per SF
$248.33
Cap Rate
6.50%
NOI
$290,526
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
2.21 AC
Zoning
Z236
Parking
99 Spaces (8.25 Spaces per 1,000 SF Leased)
Frontage
377’ on Carrier Pky

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Wheelchair Accessible
  • Cafe
  • Awning
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Chase Bank
Denny's
Cheddar's Scratch Kitchen
IHOP
Spring Creek Restaurants
Chili's Grill & Bar
Wells Fargo Home Mortgage
Tom Thumb
keke's breakfast cafe
Jason's Deli

Property Taxes

Property Taxes

Parcel Number
280216000103R0000
Land Assessment
$956,380
Improvements Assessment
$2,143,620
Total Assessment
$3,100,000
  • Listing ID: 41949899

  • Date on Market: 8/31/2026

  • Last Updated:

  • Address: 3758 S Carrier Pky, Grand Prairie, TX 75052

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