The Shops at Roanoke City Center is a 16,784-square-foot, multi-tenant retail center that is part of a mixed-use development located in Roanoke, Texas. The center is 100 percent leased, and all leases are triple-net. Tenants are a complementary mix of service-oriented businesses, including Catch 22 Sports Grill, DFW Sleep Apnea Treatment Center, Rise Men’s Health, Resort Nails & Spa, Aromas on Oak, Wine 30 on Oak Street, and Wild Oak Studio. Constructed in 2017, the retail center sits on the ground floor of Two99 Monroe, a 311-unit apartment complex above the commercial development.
The subject property is located in Historic Downtown Roanoke on South Oak Street, near the intersection of Crockett Street and Highway 377. Historic Downtown Roanoke is a popular destination for dining, boutique shopping, and entertainment situated over nine blocks on Oak Street. The Texas House of Representatives have officially appointed the area as “The Unique Dining Capital of Texas”. The area is pedestrian friendly and hosts a variety of concerts, special events, and festivals throughout the year. Roanoke City Hall, community center, recreation center, public library, and visitor center and museum are all located in the downtown area.
- 16,784-Square-Foot, Multi-Tenant Retail Center that is Part of a Mixed-Use Development | Prime Location in Historic Downtown Roanoke
- Historic Downtown Roanoke is a Popular Destination with Unique Dining, Boutique Shops, and Entertainment Venues | Appointed by the Texas House of Representatives as “The Unique Dining Capital of Texas”
- Part of a Condominium Association | Two99 Monroe Apartment Complex, Featuring 311 Apartment Units, Reside Above and Adjacent to the Subject Property
- Fully Stabilized Asset | 100% Leased | All Leases are Triple-Net | Limited Landlord Responsibilities
- Tenant Base is a Complementary Mix of Restaurants and Retailers
- Located on South Oak Street, Near Intersection of Crockett Street and Highway 377
- Planned Development of a Boutique Hotel and Conference Center on Land Directly Across from the Subject Property
- Close Proximity to Numerous National and Regional Retailers Including Pinstack Entertainment Venue (Under Construction), Spec’s, Starbucks, Planet Fitness, The Home Depot, PetSmart, Walmart Supercenter, Hawaiian Falls Waterpark, Cinemark Theatres, ALDI, and many more
- Neighboring Distribution Centers, Including Walmart Distribution, Amazon, FedEx, UPS, TOYO Tires, 3M Dallas, Bridgestone Firestone Distribution Center, General Motors, and General Mills Drive Additional Traffic to the Area
- Extremely Affluent Area | Average Household Income within Five Miles $153,286 | More than 102,037 Residents within Five Miles
- Roanoke is Located in a High Growth Corridor of North Fort Worth | Conveniently Located Between the Dallas-Fort Worth International Airport and the Fort Worth Alliance Airport, the Cornerstone for the Nation’s Fastest-Growing Industrial Complex (Alliance Global Logistics Hub)
