Overview
Victory Shops at Forney
Victory Shops at Forney is a fully occupied, 11,351-square-foot, multi-tenant retail center in Forney, Texas. Constructed in 2018, the property features an attractive architectural design and is situated on a 1.89-acre lot with concrete parking. The tenant mix includes both credit and local retailers, such as My Eyelab, Empower Dental, Nail Lounge, Great Clips, and MOD Pizza. All leases are triple-net and include scheduled rent escalations during the primary term, as well as options for renewal with rent increases. The property is positioned in the area’s major retail trade area at the intersection of FM 548 and Highway 80, which experiences traffic counts exceeding 75,000 vehicles per day. It is shadow-anchored by a high-performing Kroger Marketplace. The property is located adjacent to more than 25 acres of land that is part of planned development projects that will feature additional retail and restaurant construction including a Kohl's-anchored center. The surrounding area is a dense retail trade area with national and regional tenants including Walmart, Lowe’s, AMC Theatres, Walgreens, CVS Pharmacy, O’Reilly Auto Parts, Starbucks, Chick-fil-A, Chili’s, ALDI, Golden Chick, Panera Bread, Smoothie King, Dollar General, and Brookshire’s. An Amazon warehouse and distribution center and Goodyear Logistics Center are located approximately three miles southeast of the property. Forney is part of the Dallas-Fort Worth metroplex in Kaufman County. U.S. Route 80 passes through the city, leading west 20 miles to Dallas and east 11 miles to Terrell. Forney has over 25,000 planned home lots and a growing area population expected to top 100,000 in just five years. Mustang Creek business parks are situated on 54 acres of land, with 137 buildings ranging in size from 5,000 up to 30,000 square feet for light manufacturing and service businesses.
