Forney Plaza 425 Pinson Rd Local commercial 1 361 m² 100 % Loué À vendre Forney, TX 75126 2 723 449 € (2 001,02 €/m²) Taux de capitalisation 6,80 %

Forney Plaza is a 100% occupied shopping center located adjacent to the Brookshire’s grocery store in Forney, TX (Dallas MSA). All of the leases are NNN and the property contains a healthy layout of historically strong tenants. 7 of the 11 tenants have been at the property for over 10 years. 5 of the those tenants have been at the property for approximately 20 years which shows commitment to the property and the strength of the local retail market. Situated on 1.46 acres of land, the property was constructed in 1984. The roof is metal with a rubber coating and the parking lot is concrete.
This property is a rare opportunity to acquire a shopping center in one of the most explosive growth areas in the country with below market rents. This shopping center is located on Pinson Rd, a high traffic area of Forney with over 15,000 vehicles per day. It’s also located one block from Hwy-80 which has over 78,000 vehicles per day. Forney’s trade area population is 153,715 (2023 Study) and has a projected population to be 177,488 in 2027. In a 5-mile radius of the property, there has been a 128% increase in population since 2010 (approximately 60,000 population increase).