Investment Overview

The subject property is a 7,950-square-foot, three-tenant retail center located in high-growth area of Plano, Texas. Venture Pools Retail Center is 100 percent leased with a complementary mix of internet-resistant and service-oriented businesses, including Venture Custom Pools, Kids United, and Batteries Plus. All leases are triple-net, and all tenants have options for renewal with rent increases. The building was constructed in 2006 and is situated on a 0.85-acre parcel with a double-sided monument sign positioned at the property entrance. Landlord reports a new roof was installed in 2019. Shadow-anchored by The Home Depot, the subject property is strategically located near the signalized intersection of Highway 121 and Ohio Drive. Venture Pools Retail Center is well positioned with excellent freeway visibility and benefits from combined traffic counts in excess of 179,296 vehicles per day. The center is located near many national and regional retailers including Walmart Supercenter, Sam's Club, Total Wine & More, HomeGoods, World Market, Michaels, PGA Tour Superstore, Burlington, Sun & Ski Sports, McDonald's, Chick-fil-A, Lowe's Home Improvement, and many more. Venture Pools Retail Center is also in close proximity to Stonebriar Centre, a super regional mall featuring approximately 218 stores anchored by Macy's, Nordstrom, Dillard's, JCPenney, and Dick's Sporting Goods.