Investment Overview

Marcus & Millichap is pleased to present the compelling investment opportunity, a strategically positioned plaza with exceptional frontage and visibility along North West Boulevard, which boasts a robust traffic count of approximately 59,500 vehicles per day (VPD). This high exposure makes the plaza a premier destination for both tenants and consumers, driving consistent foot traffic and brand visibility. The property features an elite parking ratio of 4.49, significantly above market norms, complemented by multiple ingress and egress points. These attributes enhance accessibility and convenience, making the plaza highly attractive to top-tier tenants seeking high-performance retail locations. Anchored by strong national tenants including Dollar Tree, Ollie’s Bargain Outlet, and U.S. Army Corp Engineering, the plaza benefits from a steady stream of loyal, year-round consumer traffic. These anchors provide stability and draw, reinforcing the plaza’s reputation as a reliable shopping hub. A well-balanced tenant mix across retail, restaurant, and fitness sectors ensures broad appeal to both travelers and local residents, supporting diverse consumer needs and increasing dwell time. This variety enhances the overall shopping experience and strengthens tenant synergy. Importantly, the plaza’s average rent of $10.21/SF is significantly below the current market average of $25.59/SF (CoStar), offering a clear value-add opportunity. Investors can capitalize on this rent gap to increase income potential through lease renewals and tenant repositioning.