Documents
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Attributes
Year Built | 2014 |
Building Area Net |
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Land Area Net |
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Occupancy | 93.0 % |
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire Glade Parks Town Center (“Glade Parks” or the “Property”), a best-in-class retail destination consisting of 559,457 square feet of quality shop space, represented by an exceptional line up of national retailers. Located on the eastern edge of Colleyville, one of D/FW’s highly affluent communities, Glade Parks is a direct beneficiary of a broad trade area consisting of $13.56 billion of spending power. The Property serves as the anchor to a 1.8 million square foot retail node presenting unrivaled accessibility to consumers and continues to attract premier tenants. The Property offers investors a unique opportunity to purchase an asset of scale with durable in-place cash flow within one of D/FW’s most affluent consumer bases.
Investment Highlights
Market-dominant Destination location
Premier tenant roster Generating 5.6M visitors TTM
Expansive trade area Encompassing $13.56b of buying power
Nationally ranked “super zips” Southlake and Colleyville ranked #1 & #2 in North Texas
93% leased with +70k sf of recent leasing momentum
Access to 1 million people In 20 minutes via DFW’s major thoroughfares
Super Target Shadow anchored