Investment Overview

Custer Rolater Square is a 9,305-square-foot, ethnic grocery-anchored multi-tenant retail center located in the highly desirable Dallas-Fort Worth suburb of Frisco, Texas. The center is a complementary mix of internet-resistant, service-oriented tenants including Clutch City Cluckers, Shinestar Dental Care, and Water Bear Crossfit. The center is 100 percent leased, all leases are triple-net, and most leases include rent escalations during the primary term. The center is new 2022 construction with attractive architecture and has a 33.7 percent condominium interest in a 3.546-acre parcel. The subject property is located in a dense retail trade area near the southwest quadrant of Custer Road and Rolater Road with close access to State Highway 121. Cumulative traffic counts at the intersection of Custer and Rolater Roads exceed 52,470 vehicles per day. Custer Rolater Square is in close proximity to many national and regional retailers including Tropical Smoothie Cafe, Texas Health Breeze Urgent Care, PNC Bank, NTB - National Tire & Battery, QuikTrip, Walmart Supercenter, Raising Canes, Mattress Firm, Jason's Deli, Starbucks, Subway, Target, Ross Dress for Less, Patel Brothers, PetSmart, Dollar Tree, Lowe's Home Improvement, Great Clips, Chick-fil-A, and many more. Liberty High School, with a current enrollment of approximately 1,846 students, is located directly across Rolater Road, providing additional traffic. The surrounding area is highly affluent, with an average household income of $165,281 within one mile; $153,725 within three miles; and $140,283 within five miles. The population is approximately 344,950 residents within a five-mile radius.