Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1985
Building Area Gross
Occupancy 100.0 %

Asset Description

Jones Lang LaSalle ("JLL") is pleased to present the opportunity to acquire Hillcrest Village (the "Property"), a 113,033 square foot, 100% leased infill shopping center in booming Dallas, Texas. Acquired in 2018, current ownership has transformed Hillcrest Village into a premier service-oriented retail node serving the high-growth northern Dallas neighborhoods off Dallas North Tollway. The revitalized rent roll is stacked with well-known national brands and adored local favorites, including Cane Rosso, Haystack Burgers & Barley, Andy’s Frozen Custard, Howard Wang’s, and Starbucks boasting a WALT of 7.9 Years. The offering provides investors with the opportunity to acquire an institutional-quality, in-fill retail asset generating stable cash on cash returns in one of the nation’s top growth MSA’s.

Investment Highlights

  • Rare infill opportunity in the city of Dallas' Richardson School District
  • 7.9 year WALT
  • Service-oriented tenant mix created via strategic re-development
  • Curated environment anchored by a 1.5 acre central park
  • Nation leading Dallas / Fort Worth economy
Last Updated Date: 16 Sep 2022

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Last Updated Date: 16 Sep 2022

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