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32638116
32638115

1401 S U.S. 287, Decatur, TX 76234

JC
TX TX 443604
EDGE Realty Partners Dallas / Fort Worth
BB
TX 594592
EDGE Realty Partners Dallas / Fort Worth
Listed by EDGE Realty Partners Dallas / Fort Worth
$7,500,000
22 days on market
Updated 22 days ago

Decatur Star Shopping Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 25,568
NOI $543,310
Occupancy 100%
Tenancy Multi
Year Built 2008
Year Renovated 2021
Acreage 3.000
Ground Lease No

Fully Occupied Shopping Center | NOI: $543,310 | Diverse Tenant Mix | DFW, TX

Marketing description

Decatur Star Shopping Center (the “Property”) is a prominently located along Highway 287 in Decatur, Texas, benefiting from direct visibility and ease of access in a growing regional corridor. The Property features strong ingress and egress with frontage exposure to a major highway, supporting consistent tenant traffic and branding visibility.

Comprising approximately 25,568 square feet of gross leasable area, the Property is 100% occupied across a mix of diverse local and regional tenants. This multi-tenant retail center offers investors a stabilized income-producing asset with long-term lease commitments in place. The rent roll is supported by triple-net (NNN) leases, minimizing landlord responsibilities and ensuring predictable cash flow.

The Property’s highway frontage, full occupancy, and position within an established trade area support durable cash flow and long-term investment stability. These fundamentals, combined with Decatur’s steady growth and limited competitive supply, provide downside protection and sustained investor appeal.

Investment highlights

  • Fully Leased: 100% occupied asset with a strong tenant mix offering immediate in-place cash flow.
  • Diverse Rent Roll: Occupied by service-oriented and internet-resistant tenants including restaurants, beauty services, and national brands.
  • NNN Lease Structure: All tenants operate under triple-net leases, significantly reducing ownership responsibilities.
  • Highway Frontage: Excellent visibility and signage opportunity along S Highway 287, a major thoroughfare in Decatur.
  • Stable Market Fundamentals: Located in a growing regional market with expanding residential and commercial bases.

Listing Contacts

JC
TX TX 443604
EDGE Realty Partners Dallas / Fort Worth
BB
TX 594592
EDGE Realty Partners Dallas / Fort Worth
Listed by EDGE Realty Partners Dallas / Fort Worth

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$543,310.00
$45,275.83/mo

Valuation Metrics

0
DSCR
7.24%
Cap Rate
7.24%
ROI

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Additional Information

Name
John David Cobb
License
TX 443604
Brokerage Phone
214-545-6900
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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