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Multi-Tenant Retail Center

1015 IKEA WAY, Grand Prairie, TX

For Sale
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Restaurant, healthcare, coffee, and service businesses occupy the center, with rent increases scheduled for three tenants.

Property Size9,328 SF
Price / SF$506.75
Days on Market19

Property Features for 1015 IKEA WAY

General Information

Standard status Active
Size 9,328 SF
Property subtype Retail
Occupancy 100%

Additional Details

Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: SHOP Companies
Listed By: Tommy Tucker · License TX #850939
Source: Crexi
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 3:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SHOP Companies

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 9,328-square-foot retail center is fully leased to four businesses spanning food and beverage, healthcare, and professional services. Occupants include Rios Brewing Co., Billie Joe Coffee Co., Women’s Health Services, and Randstad. Three of the four tenants have rent escalations during their initial lease terms, and the average base lease expiration falls in January 2032.

The property is next to President George Bush Turnpike and is shadow-anchored by Topgolf. Nearby retail and entertainment destinations include IKEA, Bass Pro Shops, BJ’s Wholesale Club, Target, Hobby Lobby, Shake Shack, and Andretti Indoor Karting & Games. The center is located at 1015 IKEA Way in Grand Prairie, Texas.

Key Highlights

  • 9,328‑square‑foot retail center, 100% leased
  • Four tenants in restaurant, medical, coffee, and service categories
  • Average base lease expiration: January 2032

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Auto Repair Shop Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby
Well-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Shopping centers in Dallas County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Shopping center - Restaurant, healthcare, coffee, and service businesses occupy the center, with rent increases scheduled for three tenants.
Where is this shopping center located?
The property is located at 1015 IKEA WAY Grand Prairie, TX.
What is the asking price?
The asking price for this property is $4,727,000.
What are key features of this property?
This property features: 9,328‑square‑foot retail center, 100% leased; Four tenants in restaurant, medical, coffee, and service categories; Average base lease expiration: January 2032
(214) 960-2887 Call to check price and availability
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