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2800 W Camp Wisdom Rd Grand Prairie, TX 75052

For Sale
$4,355,000

100% occupied retail strip with drive-thru and NNN leases.

Property size:
10,682 SF
Lot size:
3.25 Acres

Property Features for 2800 W Camp Wisdom Rd

General Information

Size
10,682 SF
Lot size
3.25 Acres

Source: STRIVE Agent Jack Hicks

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

New Retail Strip with Drive-Thru

This is a 100% occupied Class "A" retail strip constructed in 2023. The property features five tenants, all operating under NNN leases. A drive-thru end cap is included. All tenants' leases feature rental escalations in the primary term, offering stable near-term NOI growth. The current rents average $28 per square foot, which is below market value. Comparable properties in the submarket are achieving rates 25% higher. Sixty percent of the gross leasable area (GLA) rolls with FMV options, presenting a significant mark-to-market opportunity with a weighted average lease term (WALT) of 6.5 years remaining. The property is located on a prime hard-corner at Camp Wisdom Rd & Lynn Rd, at a signalized intersection with multiple ingress/egress points. It offers excellent visibility fronting Camp Wisdom Rd, which sees over 18,000 vehicles per day. The surrounding area has strong demographics, with an average household income exceeding $113,000 within a 1-mile radius. Nearby national retailers include Target, The Home Depot, Marshalls, Ross, McDonald’s, Petco, CVS, Starbucks, Chick-fil-a, and Cane’s. The property size is 10682 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

King Pipe Smoke ... Tobacco Shop Terry's Towing Service ... Towing Service Tropical Smoothie Cafe Restaurant The Luxe Salon Suites Beauty Salon Cafe Sicilia Grand ... Italian Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Grand Prairie
County
Dallas
State
Texas
Longitude
-96.8674734
Latitude
32.6625636

FAQs

What type of property is this?
Strip mall - 100% occupied retail strip with drive-thru and NNN leases.
Where is this strip mall located?
The property is located at 2800 W Camp Wisdom Rd Grand Prairie, TX.
What is the asking price?
The asking price for this property is $4,355,000.
What are key features of this property?
This property features: - 100% Occupied Class "A" 5 Tenant Retail Strip - Provides immediate and stable income stream.; - 2023 Construction with Drive Thru End Cap - Modern construction minimizes near-term capital expenditures.; - Below-Market Rents Averaging $28/SF - Significant Mark-to-Market Opportunity with 6.5 Years WALT Remaining.
More about this property
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