2810 Trinity Mls RdCarrollton, TX 75006

Property Details for 2810 Trinity Mls Rd

Year built

1985

Lot size

11.47 AC

Property size (Sq ft)

126,864 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This exceptional investment opportunity presents a stabilized, multi-tenant shopping center totaling 126,864 square feet on an 11.47-acre lot in Carrollton, Texas. Located at 2810 E Trinity Mills Rd, in the Light Industrial District, this property boasts a strong 89% occupancy rate and a substantial net operating income (NOI) of $1,289,179, yielding a 6.00% cap rate. The asking price is $21,000,000. Built in 1985 and extensively renovated in 2016/2017, the property comprises two single-story buildings with red brick facades, Austin stone accents, and modern metal awnings. The main building houses a 52,688 square foot Fitness Connection anchor tenant, along with various smaller spaces ranging from 1,050 to 9,471 square feet. A second, smaller building features additional tenants in spaces ranging from 792 to 6,507 square feet. Notable tenants include Subway, H&R Block, The UPS Store, and several others. The property offers 751 parking spaces and benefits from a remaining lease term of 8 years under a NNN lease structure. This well-maintained, high-quality retail center presents a compelling investment opportunity in a desirable Dallas County location. The property is situated in the southeast quadrant of Marsh Lane and E. Trinity Mills Road.

Location Insight

City

Carrollton

County

Dallas

State

Texas

Latitude

32.9858

Longitude

-96.8539

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