Property summary
This 111,437 square foot shopping center in Duncanville, Texas, presents a compelling investment opportunity. Located on Camp Wisdom Road, a quarter-mile from Interstate 20, it boasts a 96.79% occupancy rate and a strong NOI of $1,082,460. The property comprises two in-line retail buildings and four single-tenant outlots, anchored by Ollie's Bargain Outlet and Advanced Auto Parts. Other tenants include national and regional retailers such as Mint Dentistry, Firestone Tire, Popeye's, and BPL Plasma. Built in phases between 1963 and 2015, the center benefits from a weighted average lease term (WALT) of 3.66 years, providing stability and predictable income. Recent capital improvements totaling $441,000 (2019-2022) included parking lot resurfacing, roof recoating, and the addition of 18 security cameras. The property sits on an 11.57-acre lot and is zoned C-2 General Commercial. This well-maintained asset offers investors a stabilized, high-performing shopping center with significant upside potential, given its prime location and strong tenant mix. The high traffic count on I-20 provides excellent visibility and accessibility. The Mint Dentistry location is a top performer based on customer traffic. This is a rare opportunity to acquire a stabilized, income-producing retail property in a desirable location.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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