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33281793
33281794

4401 W WALNUT ST, GARLAND, TX 75042

CB
OK OK 155856, AZ AR #PB0082928
Northmarq Capital, LLC
Listed by Northmarq Capital, LLC
$7,505,000
4 days on market
Updated 4 days ago

Walnut Park Shopping Center

Details
APN 26-65750-018-21R-0000
Property Type Retail
Sub Type Shopping Center
Square Footage 42,232
Net Rentable (SqFt) 42,232
Cap Rate 7.25%
NOI $544,062
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Lease Options Varies, See Rent Roll in OM
Year Built 1960
Year Renovated 1965, 1985, 2018, 2023, 2025
Buildings 4
Stories 1
Acreage 5.760
Investment Type Stabilized
Ground Lease No

Stabilized, Value-Add Strip Center in the DFW Metro

Marketing description

Northmarq, on behalf of ownership, is pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest in the Walnut Park Shopping Center, a +/- 42,232 SF multi-tenant retail center located in Garland, TX. The Property sits on a 5.76-acre lot and is fully occupied by a mix of local restaurant, entertainment, and service tenants. The asset is 100% occupied, and all tenants are under net lease agreements, with the majority featuring annual rent increases.

The Property is located in Garland, a well-established suburb within the Dallas–Fort Worth Metroplex, located approximately 15 miles northeast of Downtown Dallas. With a population of over 250,000 residents, Garland is one of the largest cities in North Texas and offers a dense, diverse, and growing consumer base.

Investment highlights

  • 100% Occupied Multi-Tenant Center with Proven Stability
  • High-Visibility, Signalized Hard Corner | 56K+ Daily Vehicles
  • Recent Roof Replacements with Warranties
  • Strong Daytime & Residential Density
  • Proximity to Major Demand Drivers
  • Core DFW Location with Excellent Connectivity

Listing Contacts

CB
OK OK 155856, AZ AR #PB0082928
Northmarq Capital, LLC
Listed by Northmarq Capital, LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$544,062.00
$45,338.50/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

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