Documents
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Attributes
Year Built | 1985 / 2021 |
Building Area Gross |
|
Occupancy | 100.0 % |
Asset Description
Jones Lang LaSalle ("JLL") is pleased to present the opportunity to acquire Hillcrest Village (the "Property"), a 113,033 square foot, 100% leased infill shopping center in booming Dallas, Texas. Acquired in 2018, current ownership has transformed Hillcrest Village into a premier service-oriented retail node serving the high-growth northern Dallas neighborhoods off Dallas North Tollway. The revitalized rent roll is stacked with well-known national brands and adored local favorites, including Cane Rosso, Haystack Burgers & Barley, Andy’s Frozen Custard, Howard Wang’s, and Starbucks boasting a WALT of 7.9 Years. The offering provides investors with the opportunity to acquire an institutional-quality, in-fill retail asset generating stable cash on cash returns in one of the nation’s top growth MSA’s.
Investment Highlights
- Rare infill opportunity in the city of Dallas' Richardson School District
- 7.9 year WALT
- Service-oriented tenant mix created via strategic re-development
- Curated environment anchored by a 1.5 acre central park
- Nation leading Dallas / Fort Worth economy