1101 Carrier Pkwy, Grand Prairie, TX 75050-3382

The Promenade on Carrier, a 7,430 square foot Class B shopping center in Grand Prairie, Texas, presents a compelling value-add investment opportunity. Located at 1101 N Carrier Pkwy, this single-story, 1984-built property (renovated in 2014) sits on a 0.57-acre lot and boasts a prominent location directly across from Family Dollar and Crosswinds High School. The property features six units with 46% occupancy, offering significant upside potential. Its multi-tenant configuration provides diverse income streams. The convenient location within a densely populated residential area, near single-family and multifamily homes, ensures consistent foot traffic, further amplified by its proximity to multiple schools. The property includes 30 parking spaces and a distinctive pylon sign for enhanced visibility. Recent façade enhancements contribute to a modern and inviting aesthetic. The property is zoned GR and offers 7,430 square feet of net rentable space. This NNN-leased shopping center is an ideal investment for those seeking a strong foothold in the Grand Prairie market. The property's prime location and recent improvements make it an attractive option for a variety of retail businesses. The existing tenant mix provides a solid foundation for future growth and increased profitability. This is a chance to acquire a well-positioned retail property with significant potential for value creation.