Starbucks Strip at Hudson Oaks

Price: $4,897,000
Sq. Ft.: 9,109
Cap Rate: 6.02%
Built: 2017
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The subject property is a 9,109-square foot multi-tenant retail center in Hudson Oaks, Texas. The center is 100 percent leased with a mix of national and local tenants, including Starbucks, GNC, Metro PCS, Sports Clips, 702 Nail Lounge, and Hacienda Pools. All leases are triple net. The building is new 2017 construction and is situated on 0.94 acres.

The center is located on U.S. Highway 180 (Fort Worth Highway), just north of Interstate 20. Traffic counts are approximately 43,000 vehicles per day on U.S. 180 and 69,000 vehicles per day on Interstate 20. Shadowed by Walmart Supercenter east of the property, other neighboring retailers include Hibbett Sports, Massage Envy, Leslie’s Pools, AT&T, Palio’s Pizza Café, Great Clips, Subway, Comet Cleaners, Papa John’s, McDonald’s, O’Reilly Auto Parts, Taco Bell, Anytime Fitness, UPS Store, Walgreens, Waffle House, City Lights Theatre, Splash Kingdom Wild West Waterpark and more. H-E-B will begin construction this year on a new supermarket located at U.S. 180 and Lakeshore Drive, serving as the only H-E-B in Parker County.  The subject property is located in an affluent area, with a one mile average household income exceeding $107,000.

Hudson Oaks is a thriving community just west of Fort Worth along the I-20 and U.S. 180 corridor in east Parker County. Nearly 83,000 vehicles travel through the city’s business district each day as people travel between Tarrant and Parker counties. The city’s appealing trade area demographics show a city poised for growth and ripe with opportunity. The area continues to grow and has experienced a 250% increase in population since 2000.

  • Newly Constructed Class ‘A’ Retail Development in the Rapidly Growing Dallas/Fort Worth Suburb of Hudson Oaks
  • Shadowed by Walmart Supercenter with Exceptionally Strong Sales
  • 100 Percent Occupied
  • All Leases are Triple Net
  • 65 Percent  of the GLA has Credit Tenants
  • Freeway Location on US Highway 180 (Fort Worth Highway), Just North of Interstate 20
  • Traffic Counts are 43,000 VPD on Highway 180 and 69,000 VPD on Interstate 20
  • H-E-B Grocery and Chick-fil-A Coming Soon One Signal Light East of the Property | Only H-E-B for the Entire Parker County with a Population of Over 160,000 People
  • Affluent Area with a One Mile Average Household Income of $107,000
  • Extended Regional Trade Area with a Consumer Population Much Higher than the Five Mile Demographics