Kolache Factory & MF Creative Designs
Retail | 6.00% CAP | 2,900 SqFt
Marketing description
Kolache Factory & MF Creative Designs is a 2,900-square-foot, two-tenant retail building that is currently part of the larger Mattison Avenue-Anchored Retail Center and is being subdivided through a replat into a separate fee simple parcel prior to closing. The property is fully leased to Kolache Factory, a well-established bakery-café concept with more than 60 locations, and MF Creative Designs, a boutique creative studio, with both leases backed by personal guarantees that provide additional credit support and durable cash flow. Positioned along North Central Expressway, the property benefits from outstanding freeway visibility, multiple points of ingress and egress, and enhanced exposure through four prominent pylon signs serving the Campbell Way Center Portfolio. As one of five contiguous offerings within the portfolio, investors have the flexibility to acquire this asset independently or assemble multiple adjacent properties into a larger institutional-quality retail investment.
Campbell Way Center is strategically positioned along North Central Expressway (US-75) at Campbell Road in Richardson, one of the Dallas-Fort Worth metroplex's premier retail and employment corridors. The portfolio is located within Richardson's nationally recognized Telecom Corridor, home to more than 25 million square feet of office space, approximately 130,000 employees, and thousands of technology, healthcare, financial services, telecommunications, and defense companies. Major employers including State Farm, Blue Cross Blue Shield of Texas, Texas Instruments, Raytheon, Cisco, RealPage, Lennox, GEICO, and AT&T generate one of the strongest daytime employment populations in North Texas, providing consistent demand for restaurants, service retailers, and neighborhood retail. The property also benefits from immediate access to US-75, President George Bush Turnpike, and I-635, providing outstanding regional connectivity throughout the Dallas-Fort Worth Metroplex.
Investment highlights
INSTITUTIONAL-QUALITY PORTFOLIO OPTIONALITY
One of five contiguous retail assets within the Campbell Way Center Portfolio. Investors may acquire this property individually or assemble multiple assets to create a larger institutional-quality investment in one of Richardson's premier retail corridors.
SIGNIFICANT MARK-TO-MARKET RENT UPSIDE
Current retail rents remain below today's market, providing investors the opportunity to increase NOI through future lease renewals while benefiting from contractual annual rent escalations in the existing leases.
PREMIER TELECOM CORRIDOR LOCATION
Located within Richardson's nationally recognized Telecom Corridor, home to more than 25 million square feet of office space, approximately 130,000 employees, and many of North Texas' largest technology, healthcare, financial, and defense employers.
EXCEPTIONAL FREEWAY VISIBILITY & ACCESS
Prominent frontage along North Central Expressway (US-75) with exposure to more than 237,000 vehicles per day, multiple points of ingress and egress, and portfolio-wide visibility enhanced by four pylon signs fronting the freeway.
SURROUNDED BY DESTINATION RETAIL & MULTIFAMILY
Walking distance to Canyon Creek Shopping Center and Richardson Plaza, featuring La La Land Coffee, CAVA, Torchy's Tacos, Chick-fil-A, First Watch, Velvet Taco, Snappy Salads and numerous other high-performing restaurants, while also benefiting from nearby luxury apartment communities that continue to expand the area's customer base.
IRREPLACEABLE INFILL REAL ESTATE
Located within one of DFW's most established retail corridors where limited available land, mature surrounding development, and strong barriers to entry support long-term occupancy, rental growth, and asset appreciation.
100% LEASED WITH PERSONAL GUARANTEES
Fully leased to Kolache Factory and MF Creative Designs, with both leases backed by personal guarantees. The diversified tenancy provides stable cash flow from complementary food service and neighborhood service use.
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