5404 Kenwood Dr Rowlett, TX 75089-3104
- Office buildings
- 6,404 SF
- 1.81 lot acres
Current Use by Public Records
- Quinn Pediatrics / Pediatric Clinic
- Texas Tiny Teeth Pediatric Dentistry & Orthodontics Rowlett / Pediatric Dentist / Dentist
Property Details for 5404 Kenwood Dr
- Year built
- 2019
- Construction
- FRAME
- Lot size
- 1.81 lot acres
- Property size
- 6,404 SF
- Property type
- Office buildings
- APN
- 440142600A5ARA000
- APU
- 440142600A5ARA000
Description
This exceptional investment opportunity presents a 6,200 square foot multi-tenant retail shopping center located at 5404 Kenwood Dr, Rowlett, TX 75089, in Dallas County. The property boasts a prime location, strategically situated between Walmart and Sprouts grocery stores, ensuring high visibility and consistent foot traffic. With an asking price of $3,689,231 and a price per square foot of $595.04, this property offers a compelling 6.50% cap rate. Currently operating at 100% occupancy, the center is anchored by a Chick-fil-A, further enhancing its appeal and stability. The property benefits from its high-traffic location, exposed to over 45,000 vehicles daily, drawing from both neighborhood and regional traffic. The surrounding area features a high average household income and is populated by well-known franchises. A significant advantage is the inclusion of a Chick-fil-A parking ground lease, adding to the overall investment value. This well-positioned retail center presents a strong and stable investment opportunity in a thriving market. The property type is retail, specifically a shopping center, with multi-tenancy.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $520,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rowlett
- County
- Dallas
- State
- Texas
- Longitude
- -96.5756
- Latitude
- 32.909
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
