Mustang Crossing

Price: $13,964,000
Sq. Ft.: 26,330
Cap Rate: 6.00%
Built: 2011
NNN
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This 26,330-square-foot, multi-tenant retail center is 100 percent leased with a long-term, established tenant base, located in the highly desirable Dallas suburb of Forney, Texas. Built in 2011, the property sits on a 3.06-acre parcel with ample concrete parking. The center features a strong tenant mix of national, regional, and local retailers, including Action Behavior Center, Cristina’s Fine Mexican Restaurant, Leslie’s Pool Supplies, Ideal Dental, Tokyo Harbor, Belle Noila Nails, and a donut shop.

Mustang Crossing benefits from a prime location in the area’s major retail trade area at the high-traffic intersection of FM 548 and Highway 80, with cumulative traffic counts exceeding 80,600 vehicles per day. The subject property is surrounded by dense retail, neighbored by numerous national and regional tenants including Walmart, Lowe’s, Kroger, Kohl’s, AMC Theatres, Walgreens, CVS Pharmacy, O’Reilly Auto Parts, Starbucks, Chick-fil-A, Chili’s, ALDI, Golden Chick, Panera Bread, Smoothie King, Dollar General, Brookshire’s, and many others. An Amazon warehouse and distribution center and Goodyear Logistics Center, two of Forney’s top employers, are located approximately three miles southeast of the property.

  • 100% Occupied with NNN Leases
    • Fully leased with a complementary mix of national, regional, and local tenants on NNN leases, providing stable income.
  • Shadow-Anchored by Major Retailers
    • Situated in a high-traffic retail corridor, the property is shadow-anchored by a top-ranking Kroger, Walmart Supercenter, Lowe’s, and Kohl’s.
  • Current Average Rents are Below Market
    • Below-market rents provide both tenant stability and a clear path to increased cash flow as leases roll, making this center a rare blend of security and value-add potential.
  • Prime Location in High-Growth Area
    • Positioned in the rapidly growing U.S. 80 corridor in Forney, this property benefits from a projected 47.56% population growth within a one-mile radius by 2029. Forney led the nation in population growth at 51.2% between 2020 and 2023.
  • Close Proximity to Major Employers
    • Strategically positioned near the city’s largest employers, including an Amazon Fulfillment Center, Goodyear Logistics Center, Hayes Retail Services, and Intex, the center benefits from a built-in daily customer base and the consistent traffic flow.