9888 Ferguson Rd Dallas, TX 75228

This exceptional 37,281-square-foot shopping center in Dallas, Texas presents a compelling value-add opportunity. Located at 9888 Ferguson Rd, in the highly desirable Dallas County, this Class B, single-story property boasts a strong tenant mix of local and national businesses, many with over five years of occupancy. Currently operating at 94.42% occupancy, the center generates a substantial net operating income (NOI) of $434,485. The property features a diverse tenancy of 10 units, including a recently signed long-term lease with a national tenant, WellMed. Built in 1960 and renovated in 2021, including a new roof, the center benefits from a prime urban infill location, with a significant population (257,154 residents within a 5-mile radius) and high average household income ($95,400). The property's strategic location offers less than a 10-minute commute to Downtown Dallas. This net lease (NNN) investment presents significant upside potential through lease-up of existing vacancies, conversion of month-to-month leases, and rent increases to market rates. Furthermore, a potential pad site offers additional future development opportunities. The property is priced at $145 per square foot. This is a rare opportunity to acquire a well-positioned, income-producing asset with substantial growth potential in a thriving Texas market.