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210 E Pleasant Run Rd
DeSoto, TX 75115

DeSoto Shopping Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
78,511 SF
Building Class
B
Year Built
1996
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
7.32 AC
Zoning
GR, DeSoto
Parking
389 Spaces (5.63 Spaces per 1,000 SF Leased)
Frontage
475 FT on Pleasant Run Rd

AMENITIES

  • Signalized Intersection

ABOUT 210 E PLEASANT RUN RD , DESOTO, TX 75115

SRS Investment Properties Group, as exclusive broker, is pleased to offer DeSoto Shopping Center - a 69,090 +/- SF neighborhood center anchored by Tom Thumb - located within the Dallas–Fort Worth, TX MSA. The Property is comprised of an 85% anchor-to-shop space ratio with an overall national tenant roster of 88%. DeSoto Shopping Center is anchored by Tom Thumb – one of the market leading grocers in the Metroplex by market share. Backed by a corporate guarantee, Tomb Thumb at DeSoto Shopping Center has operated at the Property since its inception in 1996, having established a loyal consumer base within the community, dating back roughly 22 years. Besides the full array of grocery offerings typical of Tom Thumb, the store at DeSoto Shopping Center is also home to Wells Fargo banking services, Western Union and Starbucks – all available within the store. Further, a Tomb Thumb fuel center outparcel provides an additional consumer draw at all times of the day. In addition to the Tom Thumb fuel center outparcel, which is included in the offering, other national outparcel tenants, which are not a part, provide various goods and services at DeSoto Shopping Center. McDonald’s shares access with the west side of the Property, and a former Mobil fuel center at the northwest corner, is currently being redeveloped to accommodate Baskin-Robbins, Dunkin’ Donuts and Sprint – all of which will continue to add to the Property’s consumer draw. LOCATION Strategically-situated in the heart of DeSoto, TX – just 14 miles south of Downtown Dallas – the area surrounding the Property is characterized by a dense local population with 200,691 people within a 5-mile radius, a projected annual growth rate of 1.46% through 2023 and an average household income of $74,864. The Property is located in central DeSoto, DeSoto Shopping Center is situated in the southernmost central part of Dallas County. A suburb of the greater Dallas-Fort Worth Metroplex, DeSoto is home to more than 51,000 inhabitants and boasts a number of competitive advantages including over 400 acres of business and industrial parks. Accessed by the vital artery of Interstate 35 E, DeSoto is home to the corporate headquarters for GlasFloss Industries, Inc., DeSoto Heliport, Solar Turbines – A Caterpillar Company, Kohl’s e-Commerce Fulfillment Center, luxury brand Williams-Sonoma Direct, Sam’s/Walmart Distribution, Cintas, DW Distribution, Kauffman Tire, Marten Transport, DIAB and ZEP. The Dallas- Fort Worth Metropolitan Statistical Area (known as DFW or the Metroplex) is the largest in Texas and the fourth largest in all of the United States. Encompassing 12 counties and more than 6,800,000 people, DFW has experienced one of the largest population booms in the nation over the last 10 years with no sign of slowing any time soon. Current projections forecast a population increase of 29% by 2030 with a total population of over 9 million people in the Metroplex.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
201039000A1RR0000
Land Assessment
$1,754,150
Improvements Assessment
$4,762,880
Total Assessment
$6,517,030
  • Listing ID: 12488882

  • Date on Market: 5/7/2018

  • Last Updated:

  • Address: 210 E Pleasant Run Rd, DeSoto, TX 75115

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