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Retail Strip Center with Two Tenants
For Sale
$1,516,700

2051 N Central Expy, Richardson, TX 75080

100% occupied strip center on North Central Expressway (US-75), leased to Kolache Factory and MF Creative Designs.

Property Size2,900 SF
Price / SF$523
Days on Market37

Property Features for 2051 N Central Expy

General Information

Standard status Active
Size 2,900 SF
Property subtype Shopping Strip
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 6%

Amenities

SIGNIFICANT MARK-TO-MARKET RENT UPSIDE
PREMIER TELECOM CORRIDOR LOCATION
EXCEPTIONAL FREEWAY VISIBILITY & ACCESS
INSTITUTIONAL-QUALITY PORTFOLIO OPTIONALITY

Building Details

Building Size 2,900 SF
Year Built 1980
Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: Chris Gainey · License #License(s): TX: 612970
Source: Marcusmillichap
Added: Jul 18 Changed: Aug 17 Last Checked: Aug 23 at 2:26AM

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 Marcus & Millichap - Dallas

Investment Insights

Based on property information with market context.

This retail strip center is 100% occupied and leased to Kolache Factory and MF Creative Designs. The leases are supported by personal guarantees.

The property is located at 2051 N Central Expy in Richardson, Texas, along North Central Expressway (US-75), providing prominent access and visibility to freeway traffic.

Offered as part of the Campbell Way Center Portfolio, the asset can be acquired individually or combined with adjacent properties within the portfolio for a larger consolidated retail investment.

Key Highlights

  • 100% occupied strip center on North Central Expressway (US‑75)
  • Leased to Kolache Factory and MF Creative Designs (both with personal guarantees)
  • Both tenant leases provide stable cash flow with personal guarantees in place

Property Analytics

Current Use

MF Creative Designs Marketing & Advertising Kolache Factory Bakery

Suggested Use

Top Pick Storage Facility Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,720
Businesses Nearby
306k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 79% Shops & Services 15% Hotels & Casinos 3% Apparel 2%
Chick-fil-A Dining
32,758 visits/mo 0.2 miles
McDonald's Dining
28,260 visits/mo 0.2 miles
Shell Shops & Services
19,372 visits/mo 0.2 miles
Torchy's Tacos Dining
18,188 visits/mo 0.3 miles
Starbucks Dining
16,006 visits/mo 0.2 miles

Demographics for 75080, TX

53,633
Population
19,971
Households
2.7
Avg Household Size
30
Median Age
57%
College-Educated
93%
High-School Grad
11.3 sq mi
ZIP Area
4,746
Density / Sq Mi
$89,773
Median Household Income
$42,004
Median Earnings
$1,817
Median Rent
$420,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - 100% occupied strip center on North Central Expressway (US-75), leased to Kolache Factory and MF Creative Designs.
Where is this strip mall located?
The property is located at 2051 N Central Expy Richardson, TX.
What is the asking price?
The asking price for this property is $1,516,700.
What are key features of this property?
This property features: 100% occupied strip center on North Central Expressway (US‑75); Leased to Kolache Factory and MF Creative Designs (both with personal guarantees); Both tenant leases provide stable cash flow with personal guarantees in place
More about this property
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