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Shopping Strip

Imperial Square

3534 Hickory Tree Rd, Balch Springs, TX 75180

Listing Price: $5,260,000

Cap Rate
6.43%
Gross SF
17,465
Rentable SF
17,465
Price/Gross SF
$301.17
Lot Size
1.90 acres
Year Built
2017

Investment Overview

Imperial Square is a fully stabilized, grocery shadow-anchored, multi-tenant retail center spanning 17,465 square feet. The property is 100 percent occupied with a diverse tenant mix of internet-resistant and service-oriented businesses, all operating under triple-net leases. Tenants include Wash & Dry Coin Laundry, Fresenius Kidney Care, Hannah Nails & Spa, Blessed Blade Barber Shop, Total Wireless, Mi Pueblio Neveria & Fruteria, and Riviera's Mariscos Y Micheladas, which features a patio for outdoor dining. The building, constructed in 2017, is situated on a 1.9-acre lot with concrete parking.

The property is strategically located at the signalized intersection of Elam Road and Hickory Tree Road, just west of I-635, one of Dallas’ most heavily trafficked thoroughfares. Imperial Square is shadow-anchored by Kroger, with more than 1.1 million visits annually, and a top performing The Home Depot, ranking in the 96th percentile nationwide based on consumer traffic. Other neighboring retailers include Dollar General, AutoZone, CVS, Grandy's, and others.

Investment Highlights

  • Fully Stabilized Asset | 100% Occupied with Triple-Net Leases
  • Shadow-Anchored by Kroger and a Top-Ranking The Home Depot
  • Prime Location with High Traffic Counts
  • Below-Market Rents

Exclusively Listed By

Financing By

Shopping Strip

Imperial Square

Listing Price: $5,260,000

Cap Rate
6.43%
Gross SF
17,465
Rentable SF
17,465
Price/Gross SF
$301.17
Lot Size
1.90 acres
Year Built
2017

Investment Highlights

  • Fully Stabilized Asset | 100% Occupied with Triple-Net Leases
  • Shadow-Anchored by Kroger and a Top-Ranking The Home Depot
  • Prime Location with High Traffic Counts
  • Below-Market Rents

Investment Overview

Imperial Square is a fully stabilized, grocery shadow-anchored, multi-tenant retail center spanning 17,465 square feet. The property is 100 percent occupied with a diverse tenant mix of internet-resistant and service-oriented businesses, all operating under triple-net leases. Tenants include Wash & Dry Coin Laundry, Fresenius Kidney Care, Hannah Nails & Spa, Blessed Blade Barber Shop, Total Wireless, Mi Pueblio Neveria & Fruteria, and Riviera's Mariscos Y Micheladas, which features a patio for outdoor dining. The building, constructed in 2017, is situated on a 1.9-acre lot with concrete parking. The property is strategically located at the signalized intersection of Elam Road and Hickory Tree Road, just west of I-635, one of Dallas’ most heavily trafficked thoroughfares. Imperial Square is shadow-anchored by Kroger, with more than 1.1 million visits annually, and a top performing The Home Depot, ranking in the 96th percentile nationwide based on consumer traffic. Other neighboring retailers include Dollar General, AutoZone, CVS, Grandy's, and others.

Exclusively Listed By

Financing By

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