823 Farm To Market 548 Forney, TX 75126

This exceptional 8,098 square foot shopping center in Forney, Texas presents a compelling investment opportunity. Built in 2023, the property boasts a 100% occupancy rate with four tenants under long-term, triple-net (NNN) leases, ensuring ease of management. The center enjoys a strong 6.35% capitalization rate and a healthy net operating income (NOI) of $268,400, based on an asking price of $4,225,000. Situated on a 0.99-acre lot at 823 Farm to Market 548, Forney, TX 75126, this Class "A" retail strip center benefits from its strategic location in one of the fastest-growing cities in the United States, experiencing a 51.2% growth rate over the past three years. The property is shadow-anchored by ALDI and has a pad site planned for a future Planet Fitness. The tenant mix includes a complementary blend of national, regional, and local businesses. Average rent is currently $32 per square foot, with new smaller spaces leasing for $40-$45 per square foot. The area's robust retail environment is further enhanced by nearby major developments, including a large Goodyear distribution center, an Amazon fulfillment center, and a significant retail development featuring H-E-B, Target, and Home Depot. Surrounding national retailers include Walmart, Lowe's, Kroger, Tom Thumb, Chick-fil-A, McDonald's, Raising Cane's, and Starbucks. This property offers a rare combination of strong performance, prime location, and significant growth potential.