Shopping Strip

Trophy Club Village Centre

625 Parkview Dr, Trophy Club, TX 76262

Listing Price: $3,468,500

Cap Rate
6.35%
Gross SF
8,611
Rentable SF
8,611
Price/Gross SF
$402.80
Lot Size
1.24 acres
Year Built
2014

Investment Overview

Trophy Club Village Centre is an 8,611-square foot, multi-tenant retail center located in the affluent Dallas-Fort Worth suburb of Trophy Club, Texas. The center is 100 percent occupied, with 82 percent of the gross leasable area having triple-net leases. Tenants consist of Dr. Vignolo (Trophy Club Orthodontics), Dr. McCammon (Parkview Dental), Dr. Onyeama (Trophy Club Pediatrics), and Dr. Young (TCR Chiropractic & Massage). All leases have personal guarantees. The building is newer 2014 construction with attractive architecture, situated on 1.24 acres. The subject property is located on Parkway Drive near the intersection with Bobcat Boulevard. The property is strategically located near the town's school systems, providing a convenient location for daytime school traffic. Medlin Middle School is adjacent to the property, Byron Nelson High School is directly north, and Samuel Beck and Lakeview Elementary Schools are just a short distance to the south. Other new developments in the surrounding area include Trophy Club Animal Hospital and the Wonderland development, consisting of a 19,071-square foot Wonderland Montessori School and a 21,593-square foot multi-tenant office/retail space leased to Cook Children's Medical Clinic, 9Round Fitness, Allstate Insurance, Marco's Pizza, Deja Bru Cafe & Bistro, iMax Mortgage, and Big Chill Ice Cream. The surrounding area is highly affluent with an average household income of $134,300 within five miles of the property.

Investment Highlights

  • 8,611-Square Foot, Mixed-Use Center
  • 100% Occupied with Medical Tenants
  • 83% of the GLA has Triple-Net Leases
  • All Leases Have Personal Guarantees
  • Strategically Located in the Middle of Trophy Club's School Systems |Convenient for Daytime School Traffic

Exclusively Listed By

Shopping Strip

Trophy Club Village Centre

Listing Price: $3,468,500

Cap Rate
6.35%
Gross SF
8,611
Rentable SF
8,611
Price/Gross SF
$402.80
Lot Size
1.24 acres
Year Built
2014

Investment Highlights

  • 8,611-Square Foot, Mixed-Use Center
  • 100% Occupied with Medical Tenants
  • 83% of the GLA has Triple-Net Leases
  • All Leases Have Personal Guarantees
  • Strategically Located in the Middle of Trophy Club's School Systems |Convenient for Daytime School Traffic

Investment Overview

Trophy Club Village Centre is an 8,611-square foot, multi-tenant retail center located in the affluent Dallas-Fort Worth suburb of Trophy Club, Texas. The center is 100 percent occupied, with 82 percent of the gross leasable area having triple-net leases. Tenants consist of Dr. Vignolo (Trophy Club Orthodontics), Dr. McCammon (Parkview Dental), Dr. Onyeama (Trophy Club Pediatrics), and Dr. Young (TCR Chiropractic & Massage). All leases have personal guarantees. The building is newer 2014 construction with attractive architecture, situated on 1.24 acres. The subject property is located on Parkway Drive near the intersection with Bobcat Boulevard. The property is strategically located near the town's school systems, providing a convenient location for daytime school traffic. Medlin Middle School is adjacent to the property, Byron Nelson High School is directly north, and Samuel Beck and Lakeview Elementary Schools are just a short distance to the south. Other new developments in the surrounding area include Trophy Club Animal Hospital and the Wonderland development, consisting of a 19,071-square foot Wonderland Montessori School and a 21,593-square foot multi-tenant office/retail space leased to Cook Children's Medical Clinic, 9Round Fitness, Allstate Insurance, Marco's Pizza, Deja Bru Cafe & Bistro, iMax Mortgage, and Big Chill Ice Cream. The surrounding area is highly affluent with an average household income of $134,300 within five miles of the property.

Exclusively Listed By

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