Uptown Center

  • $6,100,000
For Sale New
617, Uptown Boulevard, Cedar Hill, Dallas County, Texas, 75104, United States
For Sale New
617, Uptown Boulevard, Cedar Hill, Dallas County, Texas, 75104, United States
  • $6,100,000
  • Retail/Commercial
  • Property Type
  • 22,844
  • Gross SF
  • SF
  • 1
  • Stories
  • 2
  • Number of Buildings
  • 2005
  • Year Built

Description

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale, 100% occupied Uptown Center, 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104, a two building retail center with 9 retail units in Cedar Hill, Texas. The property was built in 2005 on a 2.738± acre lot with 22,844± SF of Retail NRA.

 

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INVESTMENT HIGHLIGHTS

 

Prime Location in the Best Southwest Area

  • Cedar Hill is conveniently located just 16 miles southwest of downtown Dallas, making it an accessible suburb. It is part of the Best Southwest area, which also includes the cities of DeSoto, Duncanville, and Lancaster, offering a well- connected and vibrant community.

Foot Traffic Fueling Robust Retail Demand

  • Shadow-anchored by Walmart Supercenter at the intersection of J Elmer Weaver Freeway (Highway 67) and FM 1382, with daily traffic of approximately 103,200 vehicles. Uptown Center is surrounded by numerous national and regional retailers, including Target, JCPenney, Kroger, and Best Buy, creating a dense retail trade area. Significant foot traffic generated by Walmart and nearby retailers drives strong demand for retail units at the property.

Metropolitan Population Bolstering Retail Demand

  • The Dallas-Fort Worth Metroplex, now home to over 7.9 million people, has experienced a 20% population increase over the past decade, adding more than 1.2 million residents. This growth is set to continue, with projections suggesting the population could reach nearly 10 million by 2035. As the region expands, retail foot traffic is rising, driven by a robust economy and enhanced infrastructure. This trend positions the Dallas-Fort Worth area as a prime market for retail investment, with growing demand for retail spaces translating into higher sales and occupancy rates.

100% Occupied Asset

  • The property is currently fully occupied, highlighting the strong demand for this location and providing new ownership with the opportunity to maintain stabilized occupancy throughout the designated hold periods.

Attractive Multi-Tenant Property with Ample Parking

  • The property spans 2.7 acres and includes two multi-tenant buildings featuring attractive architecture and durable metal roofing. It also offers a concrete parking lot with ample parking space, enhancing convenience for tenants and visitors. The building is well maintained and offers an opportunity with minimal deferred maintenance.

Details

  • Price: $6,100,000
  • Gross SF: 22,844 SF
  • Land Area: 2.738 AC
  • Year Built: 2005
  • Property Type: Retail/Commercial
  • Property Status: For Sale
  • Stories: 1
  • Number of Buildings: 2
  • Acres: 1
  • Retail Units: 9
  • City Cedar Hill
  • State/County Texas
  • Neighborhood/Area Cedar Hill

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