Wheatland Marketplace is a 40,030-square-foot multi-tenant retail center situated on approximately 3.78 acres at 3207 & 3215 Kirnwood Drive in Dallas, Texas. Built in 2004, the property consists of 18 suites ranging from approximately 1,000 to 8,000 square feet and is currently 83 percent occupied by 14 tenants. The tenant roster features a complementary mix of restaurant, medical, personal-service and value-oriented retail uses, including Dollar Deals, Little Caesars, It’s Fashion, Sunny Wok, Wings World, Dreamworks Dental, Yumna Beauty Company, OP Nails and Grennan Chiropractic. A combination of NNN, modified-gross and gross lease structures provides diversified tenancy across a range of suite sizes and business categories.
Approximately 6,888 square feet is currently available across four suites, creating an immediate lease-up opportunity within an established retail center. In addition, several existing tenants occupy space at rents below prevailing market levels, providing further potential upside through future renewals and rent mark-to-market.
Wheatland Marketplace is strategically located in southwest Dallas just off Interstate 20 at Wheatland Road, providing convenient access to one of the region’s primary east-west transportation corridors. The property benefits from approximately 176,716 vehicles per day along I-20 and 32,614 vehicles per day along Wheatland Road, creating strong regional accessibility and exposure. The center is immediately adjacent to The Home Depot and surrounded by an established concentration of national retailers, restaurants and service providers. Nearby retail includes Target, PetSmart, Dollar Tree, Starbucks, Chick-fil-A, Burlington, Lowe’s, CVS Pharmacy, Raising Cane’s and numerous other national brands, reinforcing the area as an established retail destination.
HOME DEPOT SHADOW-ANCHORED RETAIL CENTER
Wheatland Marketplace is positioned immediately adjacent to The Home Depot, which generates an estimated one million annual visits and ranks in the top 20 percent of Home Depot locations nationwide, according to Placer.ai.
COMPELLING LEASE-UP & MARK-TO-MARKET OPPORTUNITY
Wheatland Marketplace is currently 83 percent occupied with 6,888 square feet of vacancy across four suites, providing immediate lease-up potential at market rents. In addition, several existing tenants are operating below prevailing market levels, creating further upside through future renewals and rent mark-to-market.
ESTABLISHED INFILL RETAIL CORRIDOR
The center is positioned within an established southwest Dallas retail corridor surrounded by a strong concentration of national retailers, restaurants and service providers, including Target, PetSmart, Starbucks, Chick-fil-A, Burlington, Lowe’s, CVS Pharmacy and Raising Cane’s. The surrounding retail density reinforces the location as an established destination for daily-needs and service-oriented retail.
DIVERSE, SERVICE-ORIENTED TENANT MIX
Fourteen occupied suites provide a diversified mix of restaurant, medical, personal-service and value-oriented retail uses, including Dollar Deals, Little Caesars, It’s Fashion, Sunny Wok, Dreamworks Dental and Yumna Beauty Company.
METAL ROOFS ON BOTH BUILDINGS
Both buildings feature metal roof systems, providing investors with a durable roofing configuration designed for long-term performance and reduced maintenance requirements.
DENSE SOUTHWEST DALLAS TRADE AREA
More than 90,000 residents within three miles and 241,000 residents within five miles provide a substantial customer base for the property’s restaurant, service and daily-needs retail tenancy, with population growth projected through 2030.
EXCEPTIONAL ACCESS TO INTERSTATE 20
Wheatland Marketplace is strategically located just off Interstate 20, benefiting from approximately 176,716 vehicles per day on I-20 and 32,614 vehicles per day on Wheatland Road, providing strong regional connectivity and convenient access to the surrounding trade area.
