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Primary Contacts Secondary Contact Debt & Equity FinanceChris CozbyExecutive Vice President+1 214 979 [email protected]
Chris GerardSenior Vice President+1 214 979 [email protected]
Blaine DozierAssociaate+1 214 979 [email protected]
Scott LewisSenior Vice President+1 214 979 [email protected]
www.macarthurmarketplace.com
INVESTMENT SUMMARY
Size 251,832 square feet
Anchor TenantKohl’s, Patel Brothers, PetSmart, Regal Cinemas
Occupancy 100%
In-Place NOI $2,116,479
Year Built 1999
Land Area 39.9 Acres
Price Unpriced
Debt Free and Clear
CBRE’s National Retail Partners is excited to
exclusively present the opportunity to acquire
MacArthur Marketplace (the “Property”); a 251,832
square foot core, grocery-anchored power center
located in Irving/Las Colinas, TX, an affluent and
densely populated neighborhood of Dallas. The
Property is anchored by a high-volume specialty
ethnic grocer, Patel Brothers, and shadow anchored
by industry stalwarts Walmart Supercenter and Sam’s
Club. The Property also features 6 separately platted
pads directly on the I-635 service road. Irving/Las
Colinas, TX has seen rapid growth over the past
decade and continues to be at the center of DFW’s
commercial and residential growth.
© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed in this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
INVESTMENT HIGHLIGHTS• Premire Grocery Anchors:
» Adjacent to mega-retailers Walmart & Sam’s Club » Anchored by specialty grocer Patel Brothers
* 1 Year Sales exceeded $620 psf
• Thriving Submarket: » Within 5 miles of the Property there are an abundance of
planned retail, office, multifamily and industrial deliveries » Irving/Las Colinas is home to 5 Fortune 500 Global
Headquarters » #3 Tech Startup in the U.S.
* 40,310 New Tech Jobs added in the last 5 years alone
• Investment Upside & Security: » Excellent Credit Tenancy » Low Cost Basis per Land Value » 6 separately platted pad sites provide future break-off
flexibility » Below Market Rents
• Dominant Location: » Over 3,000 feet of frontage on I-635 » Exposure to more than 118,000 VPD
• High-Growth Affluent Demographics » $112,009 Average Household Incomes within a 1-Mile
radius » 94% Population Growth since 2000
1 Mile 3 Mile 5 Mile
POPULATION
2000 Population 7,864 37,483 134,740
2017 Population 15,277 65,585 176,109
2022 Population 16,831 72,476 190,788
00-'17 Growth 94% 75% 31%
Daytime Population 7,966 98,772 227,862
Incomes 2017 Avg. HH Income $112,009 $102,310 $96,469
Household Values 2017 Avg. Home Value $366,058 $370,037 $317,027
DEMOGRAPHIC OVERVIEW
LOCATION MAP
635
BERNICE CHATMAN FREEMAN ELEMENTAY
SCHOOL
MACARTHUR RANCH SHOPPING CENTER
N. MACARTHUR BLVD.
SANTA FE RANCH357 UNITS
COLONIAL GRAND AT VALLEY RANCH
394 UNITS
HACKBERRY CREEK
GRAPEVINEGRAPEVINE
LAKE
CYPRESS WATERS
COPPELL
NORTHLAKE
GRAPEVINE MILLS
114
6.72 ACRES UC(NAP)
SAM’S CLUB(NAP)
118,
000
VPD
WALMART SUPERCENTER
(NAP)
