Southridge Village
For Sale - 7% Cap - 100% Occupied
Marketing description
Mark-to-Market Opportunity
– Below-market rents combined with staggered lease rollover provide new ownership the ability to increase rents and drive NOI growth over time.
Strong Historical Tenancy
– 13 of 23 tenants have operated at the Property for 10+ years, with 9 tenants in place for over 20 years, demonstrating exceptional tenant retention and long-term stability.
Built-In Rental Increases
– The majority of leases feature healthy contractual rent escalations within the primary term, providing consistent organic NOI growth.
Durable, Service-Oriented Tenant Mix – The Property is anchored by a diverse mix of necessity-based and service-oriented tenants, driving consistent foot traffic and reducing exposure to e-commerce disruption.
Irreplaceable Hard Corner Location – Positioned at the signalized intersection of I-35E and Loop 288, the Property benefits from unmatched visibility, full access, and exposure to significant daily traffic counts.
High-Traffic Retail Corridor – Located along one of Denton’s primary retail arteries, the center captures consistent consumer traffic driven by surrounding national retailers, dense rooftops, and commuter flow.
Strong Demographics & Population Growth – Denton continues to experience rapid population and economic growth, supported by a highly educated workforce, major universities, and its strategic position within the DFW Metroplex.
Stable In-Place Cash Flow with Upside – The combination of long-term tenancy and below-market rents provides investors with durable current income and a clear path to future revenue growth.
Investment highlights
Mark-to-Market Opportunity
– Below-market rents combined with staggered lease rollover provide new ownership the ability to increase rents and drive NOI growth over time.
Strong Historical Tenancy
– 13 of 23 tenants have operated at the Property for 10+ years, with 9 tenants in place for over 20 years, demonstrating exceptional tenant retention and long-term stability.
Built-In Rental Increases
– The majority of leases feature healthy contractual rent escalations within the primary term, providing consistent organic NOI growth.
Durable, Service-Oriented Tenant Mix – The Property is anchored by a diverse mix of necessity-based and service-oriented tenants, driving consistent foot traffic and reducing exposure to e-commerce disruption.
Irreplaceable Hard Corner Location – Positioned at the signalized intersection of I-35E and Loop 288, the Property benefits from unmatched visibility, full access, and exposure to significant daily traffic counts.
High-Traffic Retail Corridor – Located along one of Denton’s primary retail arteries, the center captures consistent consumer traffic driven by surrounding national retailers, dense rooftops, and commuter flow.
Strong Demographics & Population Growth – Denton continues to experience rapid population and economic growth, supported by a highly educated workforce, major universities, and its strategic position within the DFW Metroplex.
Stable In-Place Cash Flow with Upside – The combination of long-term tenancy and below-market rents provides investors with durable current income and a clear path to future revenue growth.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
