Shopping Strip

Shops of Woodbridge Commons

8040 Woodbridge Pkwy, Sachse, TX 75048

Listing Price: $4,192,000

Cap Rate
6.50%
Gross SF
10,035
Rentable SF
10,035
Price/Gross SF
$417.74
Lot Size
1.02 acres
Year Built
2016

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a 10,035-square foot multi-tenant retail center located in an extremely dense residential area of Sachse, Texas. Shops of Woodbridge Commons is 100 percent occupied, and 43 percent of the gross leasable area has national tenants. All leases are triple-net, and all tenants have options for renewal. The center has a complementary mix of internet-resistant tenants including Verizon, Great Clips, GNC, Blossom Nail and Spa, Sachse Family Dentistry, and Massage Bliss and Cryo. The building is newer 2016 construction with an attractive façade and is situated on a 1.02-acre parcel. Shops of Woodbridge Commons is located on Woodbridge Parkway, one block from the signalized intersection with State Highway 78 with traffic counts of approximately 30,000 vehicles per day. The center is shadow-anchored by Walmart Supercenter and near many other national retailers including Public Storage, 7-Eleven, Sherwin Williams, LA Fitness, Specs Wines, Spirits & Finer Foods, The Home Depot, Tom Thumb, CVS Pharmacy, Fuzzy's Taco Shop, Kroger, Starbucks Coffee, Target, PetSmart, T-J-Maxx, HomeGoods, and more. The surrounding area has excellent demographics with 188,667 residents within five miles and an average household income of $123,649.

Investment Highlights

  • Shadow-Anchored by Walmart Supercenter
  • Complementary Mix of Internet-Resistant Tenants | 43% of the Gross Leasable Area has National Credit Tenants
  • Surrounding Area has Excellent Demographics with a Population of 177,500 Within Five Miles and a Highly-Affluent Average Household Income Exceeding $115,500 Within Five Miles of the Property

Exclusively Listed By

Shopping Strip

Shops of Woodbridge Commons

Listing Price: $4,192,000

Cap Rate
6.50%
Gross SF
10,035
Rentable SF
10,035
Price/Gross SF
$417.74
Lot Size
1.02 acres
Year Built
2016

Investment Highlights

  • Shadow-Anchored by Walmart Supercenter
  • Complementary Mix of Internet-Resistant Tenants | 43% of the Gross Leasable Area has National Credit Tenants
  • Surrounding Area has Excellent Demographics with a Population of 177,500 Within Five Miles and a Highly-Affluent Average Household Income Exceeding $115,500 Within Five Miles of the Property

Investment Overview

Marcus & Millichap is pleased to offer the opportunity to acquire a 10,035-square foot multi-tenant retail center located in an extremely dense residential area of Sachse, Texas. Shops of Woodbridge Commons is 100 percent occupied, and 43 percent of the gross leasable area has national tenants. All leases are triple-net, and all tenants have options for renewal. The center has a complementary mix of internet-resistant tenants including Verizon, Great Clips, GNC, Blossom Nail and Spa, Sachse Family Dentistry, and Massage Bliss and Cryo. The building is newer 2016 construction with an attractive façade and is situated on a 1.02-acre parcel. Shops of Woodbridge Commons is located on Woodbridge Parkway, one block from the signalized intersection with State Highway 78 with traffic counts of approximately 30,000 vehicles per day. The center is shadow-anchored by Walmart Supercenter and near many other national retailers including Public Storage, 7-Eleven, Sherwin Williams, LA Fitness, Specs Wines, Spirits & Finer Foods, The Home Depot, Tom Thumb, CVS Pharmacy, Fuzzy's Taco Shop, Kroger, Starbucks Coffee, Target, PetSmart, T-J-Maxx, HomeGoods, and more. The surrounding area has excellent demographics with 188,667 residents within five miles and an average household income of $123,649.

Exclusively Listed By

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