Overview
Fully Occupied Retail Center in Irving
Jenah Plaza II is a fully occupied, multi-tenant retail center located in Irving, Texas. Constructed in 2012, the 11,430-square-foot building sits on a 1.11-acre lot with concrete parking. The tenant mix includes service-oriented businesses such as Envision Imaging, Studio Salons, and Inchin's Bamboo Garden. Envision Imaging recently executed a 10-year lease extension. All leases are triple-net and include scheduled rent escalations. The property is positioned near the intersection of Royal Lane and MacArthur Boulevard, with access to President George Bush Turnpike, Texas State Highway 114, and Interstate 635. Traffic counts in front of the property on Royal Lane are approximately 11,988 vehicles per day. The center is located in a dense retail trade area, neighbored by national and regional tenants including Kroger, Home Goods, Target, Total Wine & More, Whole Foods Market, Modern Market Eatery, CAVA, Nothing Bundt Cakes, Jamba Juice, Bread Zeppelin, Pie Five Pizza, Five Guys, la Madeleine, In-N-Out Burger, RaceTrac, Wingstop, and Concentra. Jenah Plaza II is also in close proximity to multiple hotels and office campuses, including Microsoft Corporation, McKesson Corporation, Citi Group, Gartner Inc., AT&T Corporate Offices, and CVS Caremark Corporate Office. The surrounding area benefits from demographics serving a population of more than 210,509 residents within a five-mile radius. Las Colinas was one of the first planned communities in the United States and was once the largest mixed-use development in the South, with a land area of more than 12,000-acres. Over 30 Fortune 500 companies are in the immediate area, home to more than 2,000 companies including Fortune 500 global headquarters for Commercial Metals, ExxonMobil, Fluor, Kimberly-Clark, Mission Foods, Trend Micro and La Quinta Inns and Suites.
