Victory Shops at Richardson Square is a 7,502-square-foot, multi-tenant neighborhood center located in a densely populated area of Richardson, Texas. The center is currently 100 percent occupied with a complementary mix of national and regional retailers, predominantly service-oriented businesses, including Dunkin’, Texas Health Resources – Breeze Urgent Care, and Visionworks. All leases are triple-net and have scheduled rent escalations during the primary terms. The building is new (2021) construction with an attractive façade, ample concrete parking, and a double-sided pylon sign that provides additional exposure to the center.
Victory Shops at Richardson Square is positioned near the signalized intersection of Belt Line Road and Plano Road. The property is easily accessible from multiple ingress and egress points. Traffic counts in front of the property exceed 28,227 vehicles per day. Nearby national and regional retailers include McDonald’s, Smoothie King, Wendy’s, Applebee’s Grill + Bar, India Bazaar, LA Fitness, Blaze Pizza, Starbucks, Jason’s Deli, Chipotle, Aspen Dental, Spectrum, Jersey Mike’s, Planet Fitness, Sally Beauty Supply, Lowe’s Home Improvement, Shoe Carnival, Ross Dress for Less, Target, Burlington, Raising Cane’s, Whataburger, Panda Express, Chick-fil-A, Dollar Tree, Sherwin-Williams, Harbor Freight Tools, and many more. The property is located in an area with desirable demographics, with a population exceeding 366,112 residents within a five-mile radius, and an average household income within a one-mile radius of $104,679; $80,102 within a three-mile radius; and $87,721 within a five-mile radius.
- 7,502-Square-Foot, Multi-Tenant Retail Neighborhood Center
- 100% Occupied | All Leases are Triple-Net
- Complementary Mix of National and Regional Tenants | 100% of the Leases have Corporate Guarantees
- Leases Include Scheduled Rent Escalations During the Primary Term
- Building is Newer (2021) Construction with an Attractive Façade | Double-Sided Pylon Signage at the Entrance Enhances Visibility
- Near the Signalized Intersection of Belt Line Road and Plano Road | Easily Accessible from Multiple Ingress and Egress Points | Traffic Counts In Front of the Property Exceed 28,277 Vehicles per Day
- Dense Retail Trade Area | Close Proximity to Lowe’s, Target, Ross Dress for Less, Shoe Carnival, Burlington, Planet Fitness, and Many Others
- Surrounding Area has Desirable Demographics | The Average Household Income is $104,679 within a One-Mile Radius; $80,102 within a Three-Mile Radius; and $87,721 within a Five-Mile Radius | Densely Populated with more than 366,112 Residents Located within a Five-Mile Radius
- Richardson is Located in the Telecom Corridor, Accounting for 82,600 Jobs | Major Employers Include AT&T, Verizon, Samsung, Texas Instruments, Metro PCS, Cisco Systems, and Fujitsu
- The City is also Home to the Corporate Headquarters for Blue Cross Blue Shield of Texas, and has Regional Hubs for State Farm Insurance, GEICO, and United Healthcare
