Listed by Venture Commercial
$2,677,950
Danieldale Crossing
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 17,853
Units 11
NOI $6,716
Occupancy 27%
Tenancy Multi
Brand/Tenant T-Mobile
Lease Type NNN
Pro-Forma Cap Rate 11.59%
Pro-Forma NOI $310,499
Price per SqFt $150
Broker Co-Op Yes
Year Built 1985
Buildings 1
Acreage 1.390
Zoning Local Office / Retail District (LOR)
Investment Type Value Add
DFW Value-Add | Danieldale Crossing | Duncanville, TX
Investment highlights
- Rare true value-add opportunity with the shopping center being 27% occupied and attractively priced at $150 PSF, which is significantly below replacement value
- Located at a high traffic intersection with more than 116,000 VPD as well as benefitting from a diamond interchange along Hwy 67
- Strong demos with more than 93,000 people within a three-mile radius with average household incomes in excess of $94,000
- Located along the primary retail corridor for Duncanville with Costco, WinCo Foods, Joe V’s Smart Shop, EOS Fitness, Starbucks, Chick-fil-A, Whataburger, Wells Fargo and many more
Listing Contacts
Listed by Venture Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$6,716.00
$559.67/mo
Valuation Metrics
0
DSCR
0.25%
Cap Rate
0.25%
ROI
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