2810 Trinity Mls Rd Carrollton, TX 75006
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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