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Retail Ground Lease Pad
For Sale
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Pending

3102 S Hwy 161, Grand Prairie, TX 75052

Absolute net ground lease opportunity on a 2.55-acre pad along a major highway near a Class A power center.

Property Size6,155 SF
Lot Size2.55 Acres
Days on Market52

Property Features for 3102 S Hwy 161

General Information

Standard status Pending
Size 6,155 SF
Lot size 2.55 Acres
Property subtype Retail

Building Details

Year Built 2025
Listing Agency: Summit Real Estate
Listed By: Adam Gottschalk · License #TX 636961
Source: Crexi
Added: Jun 15 Changed: Jul 10 Last Checked: Jul 24 at 7:42AM

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 Summit Real Estate

Investment Insights

Based on property information with market context.

This offering is an absolute net ground lease for a retail pad designed to support development in connection with a Class A power center. The site is presented as a “pad to” concept, positioned for tenants or operators seeking a purpose-built retail footprint from the ground level.

The property is located at 3102 S Hwy 161 in Grand Prairie, Texas, on a 2.55-acre lot. It fronts a major highway, providing straightforward vehicular access and exposure to passing traffic.

For retailers, investors, or developers evaluating ground-lease terms, this configuration can fit users looking to align with a larger retail destination anchored as a Class A power center while securing a dedicated site for their storefront concept. The absolute net structure shifts key operating responsibilities to the leaseholder, making the lease terms an important consideration for underwriting and ongoing site cost management.

Key Highlights

  • Absolute net ground lease opportunity
  • 2.55‑acre lot/pad along a major highway
  • Pad offered to Class A power center

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center

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

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby
465k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 51% Superstores 33% Apparel 9% Hotels & Casinos 4%
Walmart Superstores
155,450 visits/mo 0.4 miles
Kohl's Apparel
42,423 visits/mo 0.5 miles
Whataburger Dining
34,031 visits/mo 0.5 miles
Dutch Bros. Coffee Dining
27,166 visits/mo 0.3 miles
Starbucks Dining
26,128 visits/mo 0.3 miles

Demographics for 75052, TX

96,225
Population
33,386
Households
2.9
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
26.4 sq mi
ZIP Area
3,645
Density / Sq Mi
$87,320
Median Household Income
$48,619
Median Earnings
$1,680
Median Rent
$282,100
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Absolute net ground lease opportunity on a 2.55-acre pad along a major highway near a Class A power center.
Where is this shopping center located?
The property is located at 3102 S Hwy 161 Grand Prairie, TX.
What is the asking price?
The asking price for this property is $5,525,000.
What are key features of this property?
This property features: Absolute net ground lease opportunity; 2.55‑acre lot/pad along a major highway; Pad offered to Class A power center
(469) 844-8884 Call to check price and availability
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