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    Kingsley & Garland, TX 75041

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    For Lease
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    Garland, TX Neighborhood Center - Multiple Spaces Available

    Lot size:
    78,643 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    Ridgewood Court, a thriving neighborhood center in Garland, Texas, presents a unique investment opportunity. This 78,643 square foot retail property, situated at the prominent corner of West Kingsley and South 1st Street (1st & W. Kingsley), in Dallas County, zip code 75041, comprises six single-story buildings with a total of 30 suites. Currently, 24,700 square feet of space is available for lease, with individual suites ranging from a minimum of 1,700 square feet to a maximum contiguous space of 13,000 square feet. The center boasts a diverse tenant mix, including four locally owned restaurants and various retail and service businesses, attracting a primarily ethnic and Hispanic clientele. Flexible leasing options are available, including the possibility of combining suites to accommodate larger tenants

    Property Features for 0 Kingsley &

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    78,643 SF

    Building Details

    Buildings
    6
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 220-#430
    Size
    4,800 SF
    Space
    Suite 220-#436
    Size
    3,200 SF
    Space
    Suite 150-#506
    Size
    13,000 SF
    Space
    Suite 150-#528
    Size
    2,000 SF
    Space
    Suite 150-#530
    Size
    1,700 SF

    HighLights

    • 21,900 SF of retail space available for lease.
    • 78,643 SF neighborhood retail center.
    • Retail center property.
    • Neighborhood center in Garland, TX.
    • Minimum 1,700 SF divisible space.
    • Maximum 13,000 SF contiguous space available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.6310031
    Latitude
    32.8788321

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    FAQs

    What type of property is this?
    Neighborhood center - Garland, TX Neighborhood Center - Multiple Spaces Available
    Where is this neighborhood center located?
    The property is located at Kingsley & Garland, TX.
    What are key features of this property?
    This property features: 21,900 SF of retail space available for lease.; 78,643 SF neighborhood retail center.; Retail center property.
    Request Owner's contact information
    Kingsley & Garland, TX 75041
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    Garland, TX 75041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Kingsley & Garland, TX 75041
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