Listing Agency: The Retail Connection | Dallas Show Phone

Listed By: Christopher M. Gibbons · License #TX460135 Show Phone

Source: Moodyscre

Added: Jun 20, 2024 Changed: Jul 26 Last Checked: Jul 30 at 1:34PM

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Investment Insights

Based on property information with market context.

This retail center includes a grocery and convenience component, with an identified Tom Thumb store referenced as a “Top 10” location in Texas. The property offers a center configuration totaling 135,020 SF (GLA), supported by remarks highlighting strong access, visibility, and parking.

The center is strategically positioned adjacent to The Ritz Carlton Hotel of Las Colinas and near affluent Las Colinas residential communities, supporting convenient convenience-oriented shopping for the surrounding area.

For leasing inquiries, the property is listed as For Rent at 4000-4020 N MacArthur Blvd, Irving, TX 75038.

Key Highlights

• Retail center with 135,020 SF GLA (GLA)
• Positioned adjacent to The Ritz Carlton Hotel of Las Colinas
• Adjacent to affluent Las Colinas residential communities

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Auto Repair Shop Big Box & Wholesale Store Electrical Service

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

885

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 75038, TX

32,928

Population

15,385

Households

2.1

Avg Household Size

32

Median Age

45%

College-Educated

93%

High-School Grad

7.6 sq mi

ZIP Area

4,333

Density / Sq Mi

$69,013

Median Household Income

$47,093

Median Earnings

$1,467

Median Rent

$391,900

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

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Retail center with strong access, visibility, and parking, positioned adjacent to The Ritz Carlton Hotel of Las Colinas.

Where is this grocery and convenience store located?

The property is located at 4000-4020 N MacArthur Blvd Irving, TX.

What are key features of this property?

This property features: Retail center with 135,020 SF GLA (GLA); Positioned adjacent to The Ritz Carlton Hotel of Las Colinas; Adjacent to affluent Las Colinas residential communities