Garden Town Center
100% Occupied Retail Center : NNN Leases : Signalized Intersection : Densely Populated, High Income
Marketing description
Garden Town Center is a 100 percent occupied, multi-tenant neighborhood retail center that is located in a desirable area of Arlington, Texas. The center features a diverse mix of service-oriented, internet-resistant businesses on triple-net lease terms, including Fossil Creek Liquor, Grounds and Gold Community Café, Papa Murphy’s, Town Garden Salon, First American Title, High Class Nail Salon, and Panda Massage. Originally constructed in 2010, the building has an attractive stone façade with metal roof and awning accents.
Located at the signalized intersection of South Bowen Road and West Pleasant Ridge Road, the property benefits high traffic counts exceeding 57,266 vehicles per day in a vibrant and growing community. The neighborhood is predominantly owner-occupied, with 78.95% of households owning their homes and an average household income of $121,639 within a one-mile radius. Garden Town Center benefits from close proximity to The Parks Mall at Arlington, one of the leading shopping destinations in the Metroplex and third-largest mall in Tarrant County. The Parks Mall features more than 190 stores and is anchored by Dillard's, Macy's, JCPenney, Barnes & Noble, Dick's Sporting Goods, and AMC Theatre. Numerous other national and regional tenants are in the area, including Burlington, Target, TJ Maxx, Academy Sports & Outdoors, Lowe's Home Improvement, Total Wine & More, Michaels, Fitness Connection, Pet Supplies Plus, Spec's Wine, Jared's, and many more.
Investment highlights
Stabilized, 100% Leased Multi-Tenant Retail Asset
19,056-square-foot retail center well positioned in the desirable Dalworthington Gardens neighborhood, comprised of seven tenants, all on triple-net leases.
Service-Based, Internet-Resistant Tenant Lineup
Anchored by long-term tenants including Fossil Creek Liquor, Town Garden Salon, Papa Murphy's, and Grounds and Gold Café.
Located at the Signalized Intersection of South Bowen Road and Pleasant Ridge Road
Easily accessible from multiple ingress and egress points from both roads with cumulative traffic counts exceeding 57,266 VPD.
Near Dense Retail Trade Area Along I-20
The property is just north of Interstate 20 (210,000 VPD), near popular shopping and entertainment destinations including The Parks Mall (anchored by Dillard's, Macy's, Dick's Sporting Goods, and Barnes & Noble) and Arlington Highlands.
Densely Populated, High-Income Trade Area
Situated in one of Arlington’s thriving corridors with 296,669+ residents and $89,692 average household incomes within a five-mile radius.
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