Mixed-Use

E Centre Park Development

500 E Centre Park Blvd, DeSoto, TX 75115

Listing Price: Request For Offer

Lot Size
11.69 acres
Land Type
Redevelopment

Investment Overview

Marcus & Millichap is pleased to present 500 E Centre Park Blvd, an 11.69-acre development opportunity located in DeSoto, Texas. The subject property is located approximately thirteen-miles from Downtown Dallas and features approximately 22,500 vehicles per day at the intersection of E Centre Park Blvd and N Hampton Road. The development opportunity is less than three miles from the Eagle Business & Industrial Park and various other national credit tenants including Kohl's Distribution Center, Kohler Co. Headquarters, and Sam's/Walmart Distribution. The subject property is zoned O1 for Office District, which is ideal for low intensity office and professional uses.

The city of DeSoto is located in Dallas County, just south of Downtown Dallas along Interstate-35 E and features convenient access to major thoroughfares for ease of transportation. The city currently has a population of 60,955 residents with an average household income of $85,916 and a median home value of $196,836. The city also uniquely features one of two major heliports in Dallas County. DeSoto features a vastly developing industrial sector including Eagle Business and Industrial Park and millions of square-feet of industrial space occupied by major national credit tenants such as Kohls e-Fulfillment Center, Solar Turbines A Caterpillar Company, Kohler Co., and Sams/Wal-Mart Distribution. (dedc.org)

Overall, 500 E Centre Park Blvd provides a new investor a tremendous development opportunity, at an incredibly attractive price per square-foot, in the rapidly growing city of DeSoto, Texas. The close proximity to the city of Dallas and accessibility to Interstate-35 E make this a prime location for new industrial development opportunities. The subject property is conveniently located within a three-mile radius to DeSoto's largest industrial park, which is comprised of 454,000 SF and is 100% occupied. With a new development in place, the subject property will be well-positioned to capitalize on the growing industrial demand in this immediate submarket.

Investment Highlights

  • 11.69-Acre Development Site Located on E Centre Park Blvd
  • Proximate to Eagle Business & Industrial Park - 454,000 SF, 100% Occupied
  • Traffic Counts Exceed 22,500 VPD at E Centre Park Blvd & N Hampton Rd
  • O1 - Office District Zoned

Exclusively Listed By

Financing By

  • Tyler Rentfro

    Associate Director

    Direct:

    Email Tyler

    Dallas Uptown, TX

Listing Price: Request For Offer

Lot Size
11.69 acres
Land Type
Redevelopment

Investment Highlights

  • 11.69-Acre Development Site Located on E Centre Park Blvd
  • Proximate to Eagle Business & Industrial Park - 454,000 SF, 100% Occupied
  • Traffic Counts Exceed 22,500 VPD at E Centre Park Blvd & N Hampton Rd
  • O1 - Office District Zoned

Investment Overview

Marcus & Millichap is pleased to present 500 E Centre Park Blvd, an 11.69-acre development opportunity located in DeSoto, Texas. The subject property is located approximately thirteen-miles from Downtown Dallas and features approximately 22,500 vehicles per day at the intersection of E Centre Park Blvd and N Hampton Road. The development opportunity is less than three miles from the Eagle Business & Industrial Park and various other national credit tenants including Kohl's Distribution Center, Kohler Co. Headquarters, and Sam's/Walmart Distribution. The subject property is zoned O1 for Office District, which is ideal for low intensity office and professional uses.

The city of DeSoto is located in Dallas County, just south of Downtown Dallas along Interstate-35 E and features convenient access to major thoroughfares for ease of transportation. The city currently has a population of 60,955 residents with an average household income of $85,916 and a median home value of $196,836. The city also uniquely features one of two major heliports in Dallas County. DeSoto features a vastly developing industrial sector including Eagle Business and Industrial Park and millions of square-feet of industrial space occupied by major national credit tenants such as Kohls e-Fulfillment Center, Solar Turbines A Caterpillar Company, Kohler Co., and Sams/Wal-Mart Distribution. (dedc.org)

Overall, 500 E Centre Park Blvd provides a new investor a tremendous development opportunity, at an incredibly attractive price per square-foot, in the rapidly growing city of DeSoto, Texas. The close proximity to the city of Dallas and accessibility to Interstate-35 E make this a prime location for new industrial development opportunities. The subject property is conveniently located within a three-mile radius to DeSoto's largest industrial park, which is comprised of 454,000 SF and is 100% occupied. With a new development in place, the subject property will be well-positioned to capitalize on the growing industrial demand in this immediate submarket.

Exclusively Listed By

Financing By

  • Tyler Rentfro

    Associate Director

    Direct:

    Email Tyler

    Dallas Uptown, TX

MM Texture Background
MM Textured Background Lower