Current Use by Public Records
- Lifestyle centers
Property Details for 2810 Trinity Mls Rd
- Year built
- 1985
- Lot size
- 11.47 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a stabilized, multi-tenant shopping center totaling 126,864 square feet on an 11.47-acre lot in Carrollton, Texas. Located at 2810 E Trinity Mills Rd, in the Light Industrial District, this property boasts a strong 89% occupancy rate and a substantial net operating income (NOI) of $1,289,179, yielding a 6.00% cap rate. The asking price is $21,000,000. Built in 1985 and extensively renovated in 2016/2017, the property comprises two single-story buildings with red brick facades, Austin stone accents, and modern metal awnings. The main building houses a 52,688 square foot Fitness Connection anchor tenant, along with various smaller spaces ranging from 1,050 to 9,471 square feet. A second, smaller building features additional tenants in spaces ranging from 792 to 6,507 square feet. Notable tenants include Subway, H&R Block, The UPS Store, and several others. The property offers 751 parking spaces and benefits from a remaining lease term of 8 years under a NNN lease structure. This well-maintained, high-quality retail center presents a compelling investment opportunity in a desirable Dallas County location. The property is situated in the southeast quadrant of Marsh Lane and E. Trinity Mills Road.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Carrollton
- County
- Dallas
- State
- Texas
- Longitude
- -96.8539
- Latitude
- 32.9858
