1101 Carrier PkwyGrand Prairie, TX 75050

For Sale
Call for price

7,430 SF Retail Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
The Promenade on Carrier, a 7,430 square foot Class B shopping center in Grand Prairie, Texas, presents a compelling value-add investment opportunity. Located at 1101 N Carrier Pkwy, this single-story, 1984-built property (renovated in 2014) sits on a 0.57-acre lot and boasts a prominent location directly across from Family Dollar and Crosswinds High School. The property features six units with 46% occupancy, offering significant upside potential. Its multi-tenant configuration provides diverse income streams. The convenient location within a densely populated residential area, near single-family and multifamily homes, ensures consistent foot traffic, further amplified by its proximity to multiple schools. The property includes 30 parking spaces and a distinctive pylon sign for enhanced visibility. Recent façade enhancements contribute to a modern and inviting aesthetic. The property is zoned GR and offers 7,430 square feet of net rentable space. This NNN-leased shopping center is an ideal investment for those seeking a strong foothold in the Grand Prairie market. The property's prime location and recent improvements make it an attractive option for a variety of retail businesses. The existing tenant mix provides a solid foundation for future growth and increased profitability. This is a chance to acquire a well-positioned retail property with significant potential for value creation.

Highlights

  • 7,430 SF Class B shopping center in Grand Prairie, TX, at 1101 N Carrier Pkwy.
  • Across from Family Dollar and Crosswinds High School.
  • Located in a densely populated residential area with high foot traffic.
  • Near multiple schools, creating a strong community presence.
  • Recently renovated façade for enhanced curb appeal.
  • Prominent pylon sign for excellent visibility.

Property Details for 1101 Carrier Pkwy

Property type
Lifestyle centers, Power centers
Square Feet
7,430 SF
Class
B
Year Built/Renovated
1984/2014
Buildings
1
Stories
1
Lot Size (sq. ft)
24,829 SF
Units
6

Location Insight

City
Grand Prairie
County
Dallas
State
Texas
Latitude
32.755442672225
Longitude
-97.018827936389
1101 Carrier Pkwy, Grand Prairie, Texas
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1101 Carrier Pkwy
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