Building Details

Year Built 2014

Tenancy Multi

Listing Agency: Marcus & Millichap - Dallas p***@marcusmillichap.com Show Phone

Listed By: Philip Levy · License #TX 522087

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:53AM

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Investment Insights

Based on property information with market context.

Built in 2014, this multi-tenant retail center contains 8,611 square feet on a 1.24-acre site in Trophy Club, Texas. The property is fully occupied, with 82 percent of gross leasable area under triple-net leases, and all leases include personal guarantees. Current occupants include orthodontic, dental, pediatric, and chiropractic practices, creating a concentrated healthcare-related tenant mix.

The center sits near the local school network, with Medlin Middle School adjacent, Byron Nelson High School to the north, and Samuel Beck and Lakeview Elementary Schools to the south. Nearby development includes Trophy Club Animal Hospital and the Wonderland project, which includes a 19,071-square-foot Montessori school and a 21,593-square-foot office and retail building occupied by medical, fitness, insurance, food service, mortgage, and ice cream users. Trophy Club is located between DFW International Airport and Fort Worth Alliance Airport, with corporate offices and the Deloitte University Leadership Center in the surrounding area.

Key Highlights

• 8,611‑square‑foot multi‑tenant retail center on 1.24 acres
• 100 percent occupied with 82 percent of gross leasable area under triple‑net leases
• 2014 construction with personal guarantees on all leases

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Building Supply Auto Parts Store Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

176

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 76262, TX

42,592

Population

16,260

Households

2.6

Avg Household Size

37

Median Age

58%

College-Educated

96%

High-School Grad

42.3 sq mi

ZIP Area

1,007

Density / Sq Mi

$143,093

Median Household Income

$72,418

Median Earnings

$1,752

Median Rent

$527,400

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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Similar Off Market Nearby

• Quick-Tag — Walmart 1228 N, 1228 N US Hwy 377, Roanoke, TX 76262

Frequently Asked Questions

What type of property is this?

Shopping center - The property combines a healthcare-oriented tenant roster with predominantly triple-net leasing.

Where is this shopping center located?

The property is located at 625 Parkview Dr Trophy Club, TX.

What are key features of this property?

This property features: 8,611‑square‑foot multi‑tenant retail center on 1.24 acres; 100 percent occupied with 82 percent of gross leasable area under triple‑net leases; 2014 construction with personal guarantees on all leases