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Property profile & analytics
FOR LEASE
Grocery and convenience stores

2150 N Josey Ln Carrollton, TX 75006

58,423 SF 4.2 ac lot Built 1985
Entity Owned 6-yr Hold Free & Clear
Property ID
US82-2879014
Property summary
AI-generated overview

This exceptional retail strip center, totaling 72,203 square feet, presents a compelling investment opportunity in Dallas County. Strategically located at the northeast corner of Josey Lane and Keller Springs Road, the property boasts excellent visibility and high traffic counts. The center comprises three buildings and offers multiple tenancy options, with spaces ranging from a minimum of 918 square feet to a maximum contiguous space of 4,025 square feet. Currently, 10,043 square feet are available for lease. The property benefits from a strong shadow anchor presence, including Albertsons and Home Depot, further enhanced by the proximity of Carrollton City Hall and the US Postal Service, ensuring consistent high traffic volume and customer flow. This high-density population area guarantees a robust customer base for any business. The property's prominent corner location ensures maximum visibility and accessibility for potential tenants. This is an ideal opportunity for investors seeking a well-positioned retail property in a thriving commercial area. The available spaces offer flexibility for a variety of retail uses, making this a versatile and attractive investment. The property's strong tenant mix and location contribute to its high potential for return on investment.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1985
Construction TILT-UP CONCRETE
Total area 58,423 SF
Lot 4.2 ac (182,908 SF)
Zoning code Z235
APN 140895900A02R0000
UPID US82-2879014
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. Shannon Baber Veterinary Clinic
  • Cortiaus Melissa DVM Veterinary Clinic
  • Bluebonnet Dental, P.A. Dental Office
  • Dr. Matthew Doan Dental Office
  • Avery HVAC Services Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.18M
Owner & transaction history
Aci Real Estate Spe 155 LLC · 6 yrs held
Aci Real Estate Spe 155 LLC
since 2020
4 recorded transactions
2020
Price N/A
2018
Price N/A
2011
Price N/A
2006
Price N/A
Zoning & alternative use
Z235 · Carrollton, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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