Investment Overview

India Bazaar Plaza is a 100 percent leased, 13,079-square-foot, ethnic grocery-anchored retail center that is well-positioned to serve an extremely affluent and densely populated area in the North Dallas suburb of Little Elm, Texas. Anchored by India Bazaar, the tenant base is a complementary mix of service-oriented businesses. India Bazaar occupies 89 percent of the gross leasable area and will execute a new 10-year lease. The end cap suite is leased to Shahnaz Salon & Threading. Both leases are triple-net. The building was constructed in 2018 and is situated on a 1.631-acre parcel with ample concrete parking. Located in a high growth area on the border of Little Elm and Frisco, the subject property enjoys a prime location at the signalized intersection of King Road/Main Street and FM 423, a major north-south arterial road through the city of Denton County. The property is easily accessible from multiple ingress and egress points, and cumulative traffic counts in exceed 70,699 vehicles per day. India Bazaar Plaza is in line with Planet Fitness and adjacent to Main Marketplace, a 115,736-square-foot community shopping center featuring tenants such as Flix Brewhouse, Scooter's Coffee, Big Blue Swim School, Hollywood Feed, Kid Strong, Capriotti's Sandwich Shop, Wing Snob, Kumon, Bruster's Ice Cream, iCode, Diesel Barbershop, R&B Tea, and more. Other nearby national and regional retailers include Papa John's Pizza, Hawaiian Bros Island Grill, CareNow Urgent Care, Einstein Bros. Bagels, Rosa's Café & Tortilla Factory, Buffalo Wild Wings, Tropical Smoothie Café and many others.