Technical
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Property profile

195 Farm To Market 548 Forney, TX 75126

OFF-MARKET
Lifestyle centers
9,921 SF 1.9 ac lot Built 2023
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Property summary

AI-generated overview

This exceptional 9,921 square foot shopping center in Forney, Texas, presents a compelling investment opportunity. Built in 2023, this Class A property boasts 100% occupancy with four tenants, including a Dunkin' with a drive-thru. The center sits on a 1.9-acre lot and benefits from a strong tenant mix of national and local retailers, all under long-term triple-net leases with built-in rent escalations and renewal options. Located on FM 548 near East Broad Street, the property enjoys high daily traffic counts exceeding 37,049 vehicles. Its strategic location is further enhanced by proximity to major employers, including an Amazon fulfillment center, and is near a highly anticipated H-E-B grocery store and other retail developments. The surrounding area exhibits robust growth, with average household incomes exceeding $109,170 within a five-mile radius. Kaufman County's rapid population expansion makes this a particularly attractive investment, offering a 6.00% cap rate and a $356,235 net operating income (NOI) on an asking price of $5,937,000. The property's strong tenant base, prime location, and favorable market conditions position it for continued success and significant return on investment. The property features attractive architectural design and ample concrete parking. This is a fully stabilized, turnkey investment ready for immediate income generation.

Property profile

Verified
Property type Lifestyle centers
Year built 2023
Total area 9,921 SF
Lot 1.9 ac (82,764 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

195 Farm To Market 548 Forney, TX 75126
Forney metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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