Trova Plaza Shopping
For Sale
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3758 S CARRIER PKWY, Grand Prairie, TX 75052
Multi-tenant neighborhood retail center with direct exposure along S Carrier Pkwy.
Property Size18,000 SF
Lot Size2.20 Acres
Price / SF$248.33
Days on Market49
Property Features for 3758 S CARRIER PKWY
General Information
Standard status
Active
Size
18,000 SF
Lot size
2.20 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$290,526
Building Details
Year Built
2000
Stories
1
Units
7
Tenancy
Multi
Listing Agency:
Texas Legacy Realty
Listed By:
Rafe Song · License #0712965
Source:
Crexi
Added: Aug 31
Changed: Oct 10
Last Checked: Oct 16 at 6:59AM
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 Texas Legacy Realty
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Investment Insights
Based on property information with market context.
Trova Plaza is a 2000-built shopping center comprising 18,000 SF of multi-tenant retail space on a 2.20-acre lot. The property includes seven tenants and is configured as a neighborhood retail asset with direct exposure along S Carrier Pkwy.
The center is located at 3758 S Carrier Pkwy in Grand Prairie, Texas, with access to the surrounding retail corridor. Nearby national retailers include Home Depot, Family Dollar, Target, and Cinemark Grand Prairie. The property’s location and street exposure support its role as a multi-tenant retail center serving the surrounding area.
The center is located at 3758 S Carrier Pkwy in Grand Prairie, Texas, with access to the surrounding retail corridor. Nearby national retailers include Home Depot, Family Dollar, Target, and Cinemark Grand Prairie. The property’s location and street exposure support its role as a multi-tenant retail center serving the surrounding area.
Key Highlights
- 18,000 SF shopping center on a 2.20‑acre lot
- Seven‑tenant multi‑tenant retail property
- Direct exposure along S Carrier Pkwy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$247,841
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,956,820
$5.0M
Cap Rate 7%
$3,540,586
$3.5M
Cap Rate 9%
$2,753,789
$2.8M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$371.5K $20.64/SF
− Vacancy
−$17.5K −$0.97/SF
EGI
$354.1K $19.67/SF
− OpEx
−$106.2K −$5.90/SF
NOI
$247.8K $13.77/SF
Area
Grand Prairie, TX
Vacancy
4.70%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,956,820
Cap Rate 7%
$3,540,586
Cap Rate 9%
$2,753,789
Alternative Uses
Best Use
Retail
$3.54M
$3.10M – $4.13M
NOI $247,841 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.06M
$4.43M – $5.90M
NOI $354,240 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
341k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Superstores 27%
Shops & Services 25%
Home Improvements & Furnishings 15%
Target
Superstores
92,734 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
50,045 visits/mo
0.2 miles
Chick-fil-A
Dining
40,899 visits/mo
0.3 miles
QuikTrip
Shops & Services
37,944 visits/mo
0.1 miles
Whataburger
Dining
26,515 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Noble Home Collection and Gift Accesories — 2950 I-20, Grand Prairie, TX 75052
- Sunglass Hut at Bps/cab — 3720 S State Hwy 161, Grand Prairie, TX 75052
- Parkway Plaza — 3480 S Carrier Pkwy, Grand Prairie, TX 75052
- Epic East — MXVG+6GH, Grand Prairie, TX 75052
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant neighborhood retail center with direct exposure along S Carrier Pkwy.
Where is this shopping center located?
The property is located at 3758 S CARRIER PKWY Grand Prairie, TX.
What is the asking price?
The asking price for this property is $4,470,000.
What are key features of this property?
This property features: 18,000 SF shopping center on a 2.20‑acre lot; Seven‑tenant multi‑tenant retail property; Direct exposure along S Carrier Pkwy
