Investment Overview

Forney South is a 100 percent leased, 9,921-square-foot, multi-tenant retail center located in the high growth Dallas suburb of Forney, Texas. Tenants are a complementary mix of national and local retailers, including Dunkin' Donuts, Jimmy John's, Tooth Dental, and Hollywood Feed. All leases are triple-net, and all include rent escalations during the primary term, as well as options for renewal with rent increases. The end cap suite for Dunkin' Donuts features a drive-through window. The building is new 2023 construction featuring an attractive architectural design, situated on a large 4.98-acre lot with concrete parking. The subject property is located near the intersection of FM 548 and East Broad Street with cumulative traffic counts exceeding 37,049 vehicles per day. Forney South is in close proximity to the highly-anticipated H-E-B grocery site and the Village at Gateway located east at the intersection of FM 548 and FM 1641. Nearby neighboring national and regional retailers include Kroger Marketplace, Kohl's, Walmart, Pet Supplies Plus, Aspen Dental, Great Clips, Care Now, Stanton Optical, O'Reilly Auto Parts, McDonald's, Firestone Complete Auto Care, WingStop, Hotworx, Nothing Bundt Cakes, Chick-fil-A, and many more. The surrounding area is experiencing high growth and benefits from strong demographics. The average household income within one mile of the subject property is $114,179; $112,444 within three miles; and $109,170 within five miles.