Red Oak Village is a 42,997-square-foot multi-tenant neighborhood retail center situated on approximately 3.46 acres (subject to replat) at 205 South Main Street in Red Oak, Texas. The property is 96.5 percent occupied and is leased to a diversified roster of restaurant, service, education, personal care, church and experiential tenants under triple-net lease structures.
The tenant mix includes Presto Continuous Italian, Wicked Good Chicken, Mr. Jim’s Pizza, Gravy & More, Happiness International Market, Kids University, Dance Xpressions, Believers City Church, Glam Salon Suites, Beyond Nails, Innate’s Touch Chiropractic, The Postal Cove and Hawaii Fluid Art. The complementary operating schedules of these uses generate customer activity throughout multiple dayparts, with morning and daytime traffic transitioning into lunch, after-school, personal-service, dining and evening activity. The center is distinguished by its attractive brick architecture, large storefront windows, covered awnings, prominent monument signage and ample surface parking. A children’s playground and outdoor areas further enhance the property’s family-oriented environment. All buildings feature metal roofing systems, helping reduce near-term capital exposure and support long-term ownership efficiency.
Red Oak Village occupies a highly visible location along State Highway 342 in Red Oak, one of the rapidly expanding communities along the southern edge of the Dallas-Fort Worth Metroplex. The property is positioned directly across from Red Oak High School and near Red Oak Middle School, H.A. Wooden Elementary School, Red Oak Elementary School, Texas State Technical College and other educational facilities, creating a substantial built-in population that generates recurring morning, daytime, after-school and event-driven traffic. McDonald’s is currently under construction about 0.1 miles from the property, near the entrace to Red Oak High School. Red Oak Village further benefits from convenient connectivity to Interstate 35E and the broader Dallas-Fort Worth Metroplex, while its State Highway 342 frontage, monument signage and proximity to a signalized intersection provide strong visibility and accessibility.
DIVERSE TENANT MIX DRIVES TRAFFIC ACROSS MULTIPLE DAYPARTS
A complementary roster of restaurants, chiropractic, salon, barbershop, education, dance, church and experiential uses generates overlapping customer activity from morning through lunch, afternoon and evening, creating consistent cross-traffic throughout the center.
DIRECTLY ACROSS FROM RED OAK HIGH SCHOOL
Positioned along State Highway 342 directly across from Red Oak High School and near several additional Red Oak ISD campuses, providing a significant built-in audience and recurring weekday, after-school and event-driven traffic. A new McDonald’s location is under construction 0.1 miles from Red Oak Village near the high school.
STRONG LEASING MOMENTUM | LIMITED REMAINING VACANCY
Recent leasing has increased occupancy to approximately 96.5%, leaving only one 1,500-square-foot vacancy and providing additional NOI upside. In the past two years, nine new leases and seven lease renewals/expansions have been executed.
AMENITIZED RETAIL CENTER | FUTURE DEVELOPMENT POTENTIAL
Brick façades, prominent monument signage, ample parking, outdoor areas and a children’s playground create an inviting neighborhood destination. Approximately 1.83 acres of undeveloped land is being replatted and offered separately at $7.00 per square foot, providing additional development potential.
SIGNIFICANT MARK-TO-MARKET FLEXIBILITY
14 of 15 tenants have either no renewal option or renewal options at fair market value, providing ownership significant flexibility to capture prevailing market rents as leases roll.
METAL ROOFING SYSTEMS ACROSS THE PROPERTY
All buildings feature metal roofing systems, helping limit near-term capital requirements and supporting efficient long-term ownership.
EXCEPTIONAL SOUTH-DFW GROWTH & DEMOGRAPHICS
Three-mile population increased 26.3% from 2020 to 2025 and is projected to grow another 17.0% by 2030, with average household income of approximately $114,000.
MAJOR DATA CENTER & CORPORATE INVESTMENT
Nearby investment from Google and Compass Datacenters, together with major aerospace, manufacturing, healthcare and education employers, continues to expand the surrounding economic base.
