High Profile NNN Pad
145 W FM 1382 Cedar Hill, TX
For Sale
Contact for pricing
NNN pad sites anchored by Verizon and Sears.
Property Size8,930 SF
Lot Size1.10 Acres
Price / SF$391.94
Days on Market460
Property Features for 145 W FM 1382
General Information
- Standard status
- Active
- Size
- 8,930 SF
- Lot size
- 1.10 Acres
- Property subtype
- RETAIL
Listing Agency:
SVN l EVTRS (EverTrust)
(214) 356-5662
Listed By:
Bruce Marshall · License ##218397
(214) 356-5662
Source:
Moodyscre
Added: Apr 23, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:03AM
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 SVN l EVTRS (EverTrust)
Investment Insights
Based on property information with market context.
This property features high-profile NNN pad sites. It is anchored by Verizon Wireless [Corporate] and Sears. The property is located at the gateway to the prestigious Uptown Village at Cedar Hill Crossing Mall. The property size is 8,930 square feet.
Key Highlights
- High profile NNN pad sites
- Anchored by Verizon Wireless (Corporate)
- Anchored by Sears
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 | $222.9k | $24.96 |
| − Vacancy | −$11.1k | −$1.25 |
| EGI | $211.7k | $23.71 |
| − OpEx | −$63.5k | −$7.11 |
| NOI | $148.2k | $16.60 |
8,930 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.12M
$1.85M – $2.47M
NOI $148,224 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$107.04M
$93.66M – $124.88M
NOI $7,492,855 @ 7.0% cap · market cap 214.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
LaBella Nail & Spa
Nail Salon
FAQs
What type of property is this?
Retail space - NNN pad sites anchored by Verizon and Sears.
Where is this retail space located?
The property is located at 145 W FM 1382 Cedar Hill, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: High profile NNN pad sites; Anchored by Verizon Wireless (Corporate); Anchored by Sears
