Investment Overview

East Park Shopping center is a 100 percent occupied, 31,618-square-foot, multi-tenant retail center located in Dallas, Texas. The property is comprised of two buildings featuring a complementary mix of internet-resistant, service-oriented businesses including Global Medical Institute, Lighthouse Learning Academy, AKS Insurance & Taxes, La Vie Belle salon, Graced Fellowship, The Braiding Bar, Great Grace Gospel Church, Higher Heights Christian Ministries, and J&S Events and Rentals. Current leases are on gross and modified gross terms, providing future upside potential in converting all leases to triple-net. The property sits on a 2.676-acre lot with ample concrete parking. The subject property is located on Samuell Boulevard, directly south of the Interstate 30 service road and approximately one mile west of the intersection with Loop 12/Buckner Boulevard. Traffic counts on Samuell Boulevard are 11,621 vehicles per day, and Interstate 30 boosts high traffic counts exceeding 190,894 vehicles per day. East Park Shopping Center is easily accessible from multiple ingress and egress points along both roads. The I-30 East Dallas Corridor project has plans to widen the interstate from downtown to Loop 12 from eight main lanes to 12 lanes by the year 2030, which will also include significant upgrades at interchange roads such as Jim Miller Road, improving traffic flow.