Cedar Hill Town Center – Phase III

Price: $3,250,000
Sq. Ft.: 8,174
Cap Rate: 6.5%
Built: 2008
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Cedar Hill Town Center – Phase III is an 8,174-square-foot, multi-tenant retail center located in Cedar Hill, Texas. The subject property is currently 100 percent occupied, and all leases are triple-net. Tenants consist of a complementary mix of internet-resistant and service-oriented businesses, including Ideal Dental, BN Boba Bistro, BN Sushi & Grill, and BL Nails. Constructed in 2008, the building is positioned on a 2.437-acre parcel with ample paved parking.

Cedar Hill Town Center – Phase III is located on Uptown Boulevard in a dense retail trade area in the southwestern quadrant of two major highways, J Elmer Weaver Freeway (Highway 67) and FM 1382, which enjoys high cumulative traffic counts of approximately 97,585 vehicles per day. The subject property is shadow-anchored by a high-traffic Walmart Supercenter, with 2.8 million visits annually (source: Placer.ai). Adjacent pad sites include Eyecare Associates of Texas, Taco Bueno, Hooters, Fairfield Inn & Suites, Citizens National Bank, and Applebee’s. Numerous other national and regional retailers are in close proximity, including Target, JCPenney, Cinemark Theatres, Michaels, Burlington, Kroger, Dick’s Sporting Goods, Best Buy, Barnes & Noble, H&M, Dillard’s, Family Dollar, Hobby Lobby, Ross Dress for Less, DSW, Marshalls, Kohl’s, The Home Depot, CVS, and many more. The surrounding area is densely populated with over 131,928 residents within a five-mile radius, having an average household income of approximately $89,177.

  • 8,174-Square-Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter | Reporting Approximately 2.8 Million Visits Annually Based on Consumer Traffic (Source: Placer.ai)
  • 100% Leased | All Leases are Triple-Net
  • Complementary Mix of Internet-Resistant, Service-Oriented Local Businesses
  • 2008 Construction Situated on a Large 2.437-Acre Lot
  • Landlord is the Maintaining Owner of a Detention Easement and Maintenance Agreement | Adjacent Parcels Pay Landlord Pro Rata Shares of Maintenance Costs
  • Located in a Dense Retail Trade Area in the Southwestern Quadrant of Highway 67 and FM 1382 | Cumulative Traffic Counts Exceed 97,585 Vehicles per Day
  • Near Numerous National and Regional Tenants, Including Target, Kroger, JCPenney, Dillard’s, H&M, Barnes & Noble, Burlington, Michaels, Hobby Lobby, Dick’s Sporting Goods, Ross Dress for Less, DSW, and Many More
  • Surrounding Area has Strong Demographics | 131,928 Residents Within a Five-Mile Radius | Five-Mile Average Household Income Exceeds $89,177
  • Cedar Hill is Conveniently Located 16 Miles Southwest of Downtown Dallas | Part of the Best Southwest Area, Including the Cities of Desoto, Duncanville, and Lancaster
  • The City is Also Home to a Business Park Located Near US Highway 67 with BNSF Rail Access