High Profile NNN Pad
For Sale
Contact for pricing
145 W FM 1382, Cedar Hill, TX
NNN pad sites anchored by Verizon and Sears.
Property Size8,930 SF
Lot Size1.10 Acres
Price / SF$391.94
Days on Market550
Property Features for 145 W FM 1382
General Information
Standard status
Active
Size
8,930 SF
Lot size
1.10 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Mountain Creek
Listing Agency:
SVN l EVTRS (EverTrust)
(877) 697-0830
Listed By:
Bruce Marshall · License ##218397
(214) 356-5662
Source:
Moodyscre
Added: Apr 23, 2025
Changed: Oct 14
Last Checked: Oct 23 at 10:42AM
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)
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$148,224
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,964,480
$3.0M
Cap Rate 7%
$2,117,486
$2.1M
Cap Rate 9%
$1,646,933
$1.6M
Market Conditions
NOI Build-Up for 8,930 SF
Gross rent
$222.9K $24.96/SF
− Vacancy
−$11.1K −$1.25/SF
EGI
$211.7K $23.71/SF
− OpEx
−$63.5K −$7.11/SF
NOI
$148.2K $16.60/SF
Area
Dallas County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,964,480
Cap Rate 7%
$2,117,486
Cap Rate 9%
$1,646,933
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 authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,281
Businesses Nearby
754k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 35%
Apparel 27%
Shops & Services 19%
Dining 14%
Target
Superstores
135,294 visits/mo
0.5 miles
Walmart
Superstores
130,401 visits/mo
0.2 miles
Dillard's
Apparel
47,860 visits/mo
0.2 miles
Five Below
Shops & Services
44,035 visits/mo
0.4 miles
H&M
Apparel
35,245 visits/mo
0.3 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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
