Investment Overview

Cedar Hill Town Center - Phase III is an 8,174-square-foot, multi-tenant retail center located in Cedar Hill, Texas. The subject property is currently 100 percent occupied, and all leases are triple-net. Tenants consist of a complementary mix of internet-resistant and service-oriented businesses, including Ideal Dental, BN Boba Bistro, BN Sushi & Grill, and BL Nails. Constructed in 2008, the building is positioned on a 2.437-acre parcel with ample paved parking. Cedar Hill Town Center - Phase III is located on Uptown Boulevard in a dense retail trade area in the southwestern quadrant of two major highways, J Elmer Weaver Freeway (Highway 67) and FM 1382, which enjoys high cumulative traffic counts of approximately 97,585 vehicles per day. The subject property is shadow-anchored by a high-traffic Walmart Supercenter, with 2.8 million visits annually (source: Placer.ai). Adjacent pad sites include Eyecare Associates of Texas, Taco Bueno, Hooters, Fairfield Inn & Suites, Citizens National Bank, and Applebee's. Numerous other national and regional retailers are in close proximity, including Target, JCPenney, Cinemark Theatres, Michaels, Burlington, Kroger, Dick's Sporting Goods, Best Buy, Barnes & Noble, H&M, Dillard's, Family Dollar, Hobby Lobby, Ross Dress for Less, DSW, Marshalls, Kohl's, The Home Depot, CVS, and many more. The surrounding area is densely populated with over 131,928 residents within a five-mile radius, having an average household income of approximately $89,177.