Valley Ranch Plaza is a 27,200-square-foot, multi-tenant retail center located in an extremely dense residential area of Coppell, Texas. The offering is comprised of two multi-tenant retail buildings situated on two parcels totaling 3.7-acres. Valley Ranch Plaza is currently 74 percent occupied, providing significant upside potential to a future investor by leasing the vacant space. The tenant base is a complementary mix of internet-resistant tenants including Subway, Supercuts, Huntington Learning, The Donut Palace, Peacock Indian Cuisine, Coppell Nails, Glo Sun Spa, Wu’s Asian Bistro, DA Moving & Shipping, and America First Urgent Care. All current leases are triple net. The buildings were constructed in 1997 and renovated in 2003.
Valley Ranch Plaza is located on MacArthur Boulevard at the signalized intersection of MacArthur Boulevard and Belt Line Road. The center is easily accessible with multiple ingress and egress points. Cumulative traffic counts in front of the property exceed 39,800 vehicles per day. Valley Ranch Plaza is near many national and regional retailers including Dollar Tree, O’Reilly Auto Parts, Pizza Hut, UPS, Walmart, Kohl’s, Sam’s Club, Target, Dick’s Sporting Goods, Best Buy, McDonald’s, Wendy’s, Chicken Express, Domino’s Pizza, and many more. The center is in close proximity to many school campuses providing additional traffic to the area. Valley Ranch Plaza is less than four miles from the 1,000-acre Cypress Waters Development, a master-planned development centered around a 362-acre lake with office, multi-family and retail aspects. Upon completion, Cypress Waters will consist of over 4.5 million square feet of commercial/retail space, 10,000 residences and three schools. The surrounding area is highly affluent with an average household income of $137,260 within three miles of the property.
- 27,200-Square Foot, Multi-Tenant Retail Center | Composed of Two Multi-Tenant Buildings
- 74% Occupied | Value-Add Opportunity | Significant Upside Potential with Leasing Vacant Space | Pro Forma Cap Rate is 8.58%
- Current Average Rents are Well Below Market | Internet-Resistant Tenant Base
- Situated on Two Parcels Totaling 3.7-Acres with Ample Parking on a Concrete Lot
- Signalized Hard Corner of MacArthur Boulevard and Belt Line Road | Adjacent to a McDonald’s Pad Site (Not a Part) | Easily Accessible from Multiple Ingress and Egress Points
- Cumulative Traffic Counts in Front of the Property Exceed 39,800 Vehicles per Day
- Close Proximity to Cypress Waters Development | A Master-Planned Community Featuring 4.5 Million Square Feet of Commercial and Retail Space, 10,000 Residences, and Three Schools
- Strong Demographics | Average Household Income is $121,919 Within One Mile | $137,260 Within Three Miles | $110,250 Within Five Miles | Population is Approximately 209,480 Residents Within Five Miles
- Coppell is a Highly Affluent Suburb of Dallas Located in Dallas County | Property Located 20 Miles Northwest of Downtown Dallas
- Seven Miles East of Dallas-Fort Worth International Airport | Serves More than 75 Million Passengers per Year
