Shopping Factory Outlet
The Shops at Terrell
301 Tanger Dr, Terrell, TX 75160
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to offer for sale the Shops at Terrell, a 177,800 square foot outlet center on 24.99 acres in Terrell, Texas located only 30 miles from Dallas. The asset is currently 75.4% occupied and offers strong existing cash flow. The property boasts 39 bays with a diverse and complementary tenant mix. Over 71% of the occupied square footage is taken by popular national tenants such as Nike, Levi’s, Gap, Old Navy, Rue21, Carter's, Crocs, Sketchers, Sunglass Hut, Famous Footwear, Maurice's, Reebok, Jockey, Bon Worth, Vitamin World, Claire's and more. Current leasing activity demonstrates significant tenant interest in the available space. Great visibility, high traffic counts, easy access, and reasonable rents attract tenants to the property.
Listing Price: Request For Offer
Investment Highlights
- Immediate Upside with 24.6% Vacancy
- 71% national tenancy including popular tenants such as Nike, Levi's, Gap, Old Navy, Rue21, Carters, Crocs, Sketchers, Sunglass Hut, Famous Footwear and more.
- Located 32 Miles East of Dallas, Texas
Investment Overview
Marcus & Millichap is pleased to offer for sale the Shops at Terrell, a 177,800 square foot outlet center on 24.99 acres in Terrell, Texas located only 30 miles from Dallas. The asset is currently 75.4% occupied and offers strong existing cash flow. The property boasts 39 bays with a diverse and complementary tenant mix. Over 71% of the occupied square footage is taken by popular national tenants such as Nike, Levi’s, Gap, Old Navy, Rue21, Carter's, Crocs, Sketchers, Sunglass Hut, Famous Footwear, Maurice's, Reebok, Jockey, Bon Worth, Vitamin World, Claire's and more. Current leasing activity demonstrates significant tenant interest in the available space. Great visibility, high traffic counts, easy access, and reasonable rents attract tenants to the property.
