Investment Overview

Ennis Plaza is a 31,396-square-foot, Walmart shadow-anchored, multi-tenant retail center located in the Dallas-Fort Worth suburb of Ennis, Texas. The offering is comprised of two multi-tenant buildings and one single tenant building. The center is currently 74 percent occupied with triple-net leases, providing upside potential to a future investor by leasing the vacant space. The center features a strong tenant base that is a complementary mix of credit and local tenants including Chili's, CATO, Sally Beauty Supply, Papa John's Pizza, Wingstop, Fred Loya, GameStop, Family Smiles, Top Nails, Ennis Smoke & Vape, and Wynn's Jewelers. Chili's is a high-performing location and ranks in the 83rd percentile for number of annual visitors (Placer.ai). The center was constructed in 2002 and is situated on a 3.54-acre parcel. Ennis Plaza is located on the north side of State Highway 34/Ennis Avenue, less than 500 feet west of the intersection of State Highway 34/Ennis Avenue and Interstate 45. Traffic counts in front of the property are approximately 16,700 vehicles per day. The property is shadow-anchored by Walmart, and numerous other national and regional retailers are in the neighboring area, including Wendy's, Dollar Tree, Gordmans, Hibbett Sports, Aaron's, Starbucks Coffee, Jack in the Box, Sonic, AutoZone, Denny's, Whataburger, and more.