New Mixed-Use Project For
1601 E Trinity Mills Rd Carrollton, TX
For Sale
Contact for pricing
Newly constructed mixed-use project with high traffic visibility.
Property Size40,000 SF
Lot Size2.85 Acres
Price / SF$212.50
Days on Market1263
Property Features for 1601 E Trinity Mills Rd
General Information
- Standard status
- Active
- Size
- 40,000 SF
- Lot size
- 2.85 Acres
- Property subtype
- RETAIL
Listing Agency:
The Rosenfeld Company
(214) 755-9797
Listed By:
Matthew Rosenfeld · License #678298
(214) 755-9797
Source:
Moodyscre
Added: Feb 6, 2023
Changed: Jul 10
Last Checked: Jul 21 at 6:34AM
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 The Rosenfeld Company
Investment Insights
Based on property information with market context.
Trinity Highlands is a newly constructed mixed-use project located at 1601 E Trinity Mills Road. The property benefits from a visible and accessible location along the heavily-trafficked President George Bush Turnpike, a major east-west thoroughfare with traffic counts exceeding 111,000 vehicles per day. The property size is 40,000 square feet.
Key Highlights
- Visible and accessible location on E Trinity Mills Road.
- Located along the heavily‑trafficked President George Bush Turnpike.
- Traffic counts exceeding 111,000 vehicles per day.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $964.8k | $24.12 |
| − Vacancy | −$46.3k | −$1.16 |
| EGI | $918.5k | $22.96 |
| − OpEx | −$275.5k | −$6.89 |
| NOI | $642.9k | $16.07 |
40,000 SF · lease $24.12/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$9.18M
$8.04M – $10.72M
NOI $642,943 @ 7.0% cap · market cap 7.56%
Second Best
Mixed Use
$7.71M
$6.75M – $9.00M
NOI $540,000 @ 7.0% cap · market cap 6.35%
Theoretical Best
Specialty Retail
$9.84M
$8.61M – $11.48M
NOI $688,867 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Off Market Nearby
- Carrollton Corners — 1017 E Trinity Mls Rd, Carrollton, TX 75006
- K BEAUTY — carrollton, tx 75006
- Carrollton Town Center — 2540 Old Denton Rd, Carrollton, TX 75007
- Coinstar Kiosk - Bitcoin ATM — 2150 N Josey Ln Albertsons, Carrollton, TX 75006
- AMAFHH Center — 2640 Old Denton Rd, Carrollton, TX 75007
FAQs
What type of property is this?
Shopping center - Newly constructed mixed-use project with high traffic visibility.
Where is this shopping center located?
The property is located at 1601 E Trinity Mills Rd Carrollton, TX.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Visible and accessible location on E Trinity Mills Road.; Located along the heavily‑trafficked President George Bush Turnpike.; **Traffic counts exceeding 111,000 vehicles per day.**
