Uptown Center is a fully stabilized, 22,844-square foot, multi-tenant retail center located in the high-growth Dallas suburb of Cedar Hill, Texas. The center is 100 percent occupied, and all leases are triple-net. Constructed in 2005, the property consists of two multi-tenant buildings situated on two parcels totaling 2.738 acres. Tenants consist of a complementary mix of service-oriented businesses, including Solis Mammography, Texas Black Belt Academy, Momentum Family Chiropractic, Edible Arrangements, Key Pharmacy, Massage Therapy, Dorothy’s Uniforms, and Uptown Collective. Both buildings have metal roofs.
Shadow-anchored by Walmart Supercenter, a strong traffic driver hosting approximately 2.4 million visits annually, the subject property is located 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. Uptown Center faces Uptown Boulevard, a connecting road between FM 1382 and Belt Line Road.
- 22,844-Square-Foot, Multi-Tenant Retail Center
- Shadow-Anchored by Walmart Supercenter | Drives 2.4 Million Visits Annually (Source: Placer.ai)
- 100% Occupied | All Leases are Triple-Net | Diversified Tenant Base that is Largely Internet-Resistant
- Momentum Family Chiropractic is Expanding into an Additional Suite with a Five-Year Lease Extension, Exhibiting Continued Commitment to the Location
- Current Average Rents are Well Below Market
- Current Leases with Scheduled Rent Increases and the Opportunity to Renew Leases at Higher Rates Present Upside
- Comprised of Two Adjacent Multi-Tenant Buildings Situated on 2.7 Acres | Buildings have Metal Roofs
- Strategically 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
- Desirable Demographics | Population is 125,387 within a Five-Mile Radius and has an Average Household Income of $95,479
- Cedar Hill is Located 16 Miles Southwest of Downtown Dallas | Part of the Best Southwest Partnership, Comprised of 11 City Partners and 19 Other Partners Including Hospitals, Colleges, Banks, Utilities, and Others to Promote Economic Development
