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Pleasant Run Village Sale 2 Retail Properties Offered at $5,108,960 in DeSoto, TX
Investment Highlights
- 27,341-Square-Foot, 15-Tenant Retail Center | Fully Stabilized Asset | 100% Triple-Net Leases
- Upside Potential - Favorable market conditions, opportunity for rental growth, and value appreciation
- Diverse Tenant Mix - A balanced portfolio of 15 tenants including retail shops. restaurants, and service providers
- Cashflow - Steady in-place cashflow with embedded rental escalations.
Executive Summary
Pleasant Run Village serves as an ideal location for small businesses, including franchises, to establish a presence along the dense and underserved Hampton Road corridor. Pleasant Run Village is a multi-tenant retail center with approximately 27,000 square feet of space. This center is located at the intersection of Hampton Road and Pleasant Run Road, where it benefits from a strong retail district with traffic draws like Tom Thumb, Aldi and a number of restaurants such as Whataburger, Dunkin’ and Fuzzy Tacos.
Property Facts
| Price | $5,108,960 | Number of Properties | 2 |
| Price / SF | $127.30 / SF | Individually For Sale | 0 |
| Cap Rate | 7.42% | Total Building Size | 40,132 SF |
| Sale Type | Investment | Total Land Area | 5.12 AC |
| Status | Active |
| Price | $5,108,960 |
| Price / SF | $127.30 / SF |
| Cap Rate | 7.42% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 40,132 SF |
| Total Land Area | 5.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Pleasant Run Village
917 N Hampton Rd, DeSoto, TX 75115 |
Retail | 27,341 SF | 1974 | - |
|
Pleasant Run Village
917 N Hampton Rd, DeSoto, TX 75115 |
Retail | 12,791 SF | 1975 | - |
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Pleasant Run Village Sale
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