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2600 E Southlake Blvd
Southlake, TX 76092

Retail For Sale · Retail Property For Sale · 21,274 SF

PROPERTY FACTS

Price Not Individually For Sale
Building Size 21,274 SF
Property Type Retail
Property Subtype Storefront
Building Class B
Lot Size 7.69 AC
Parking Ratio 0/1,000 SF

Executive Summary

This new 67,895 sf center is located in Southlake TX, a wealthy suburban market located approximately 17 miles north east of Fort Worth and 20 miles north west of Dallas. Average household incomes
exceed $109K, $123K & $133K within 1, 3, & 5 mile radius respectively. The immediately surrounding retail trade area includes some of the highest retail sales psf in the greater Dallas – Ft Worth MSA. The property benefits from the robust shopping activity generated by it’s strategic location and proximity to destination oriented retail. The property is adjacent to Gateway Plaza on the east, which is anchored by Michael’s, Office Max, Kohl’s, Old Navy, TJ Maxx,
and Bed Bath Beyond. Lowe’s is adjacent to the west and Costco is adjacent to the north. Costco is reporting sales over $100 million for this location which is 130,000 +/- sf ($770 psf). Other area retailers include Kroger, and Home Depot to the west and Albertson’s, Tom Thumb, Sam’s Club, Wal-Mart Supercenter and Target to the east and south. Located one mile west on Southlake Blvd is the 475,000 sf Southlake Towne Square Life Style Center whose tenants include Crate & Barrel, Ann Taylor, Williams-Sonoma, Talbots and Pottery Barn among others.

The property is located between HWY 114 (average daily traffic count of 62,000) and Southlake Blvd (HWY 1709) with an average daily traffic count of 53,000. Wyndham Plaza is currently finishing its lease up and is 87% occupied. Seller will master lease remaining vacancy as of closing up to the 7% vacancy factor. Tenants included in this sale are EB Games, The Vitamin Shoppe, Einstein Bagel, UPS, Prudential Real Estate, Cold Stone Creamery, New Balance, Nextel, Red Hot & Blue and Michael Anthony’s among others.
  • Listing ID: 533441

  • Address: 2600 E Southlake Blvd, Southlake, TX 76092

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