Investment Overview

Market Square is a 100 percent occupied, 46,822-square-foot, multi-tenant retail center located in the Las Colinas community in Irving, Texas. The center features a strong mix of internet-resistant, service-oriented retailers with staggered lease expiration dates. All leases are triple-net, and majority of the leases include scheduled rent escalations. Anchored by Sarigama Super Market, other major tenants include Savera Indian Restaurant, Bajeko Sekuwa Himalayan Grill, Cajun Crab, Amaravati Indian Restaurant, Vivek Flowers, Pizza Hut, Subway, a dentist office, and others. Constructed in 1984, the buildings are situated on 5.55-acre lot with ample concrete parking. The subject property is strategically located at the signalized, hard corner of North MacArthur Boulevard and West Walnut Hill Lane with close access to Texas State Highway 114 and President George Bush Turnpike, all major North Texas thoroughfares. Cumulative traffic counts are approximately 55,382 vehicles per day. Nearby national and regional retailers include LA Fitness, Wendy's, Firestone Complete Auto Care, Chick-fil-A, Einstein Bros. Bagels, Benihana, Starbucks, and many others. Market Square is also in close proximity to multiple hotels and office campuses, including Microsoft Corporation, McKesson Corporation, Citi Group, Gartner Inc., CVS Caremark Corporate Office, providing additional traffic to the area. The subject property is also less than seven miles from DFW International Airport. The surrounding area benefits from excellent demographics serving a population of more than 232,066 residents within a five-mile radius. The average household income is $108,382 within one mile; $107,179 within three miles; and $97,126 within five miles.