Fairmeadows Shopping Center Duncanville, TX

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Fairmeadows Shopping Center

Property Overview

Fairmeadows Shopping Center (the “Property”) is a 111,437-square-foot, neighborhood retail center located along Camp Wisdom Road in Duncanville, Texas, just a quarter mile from Interstate 20, which carries more than 145,000 vehicles per day. Originally built between 1963 and 1986, the property is currently 94.82% occupied and features a stable configuration of two multi-tenant in-line buildings and four single-tenant outparcel buildings. The tenant mix is anchored by Ollie’s Bargain Outlet and Advance Auto Parts, and is complemented by a variety of national and regional tenants including Mint Dentistry, Firestone Tire, Popeyes, and BPL Plasma. The center benefits from its strategic location on a high-traffic retail corridor and strong visibility to both local and regional traffic, offering durable in-place income with potential for long-term upside through future lease-up and rent growth.

Investment Highlights

Stabilized Asset with National Anchors: Currently 94.82% occupied, the center features strong national tenants like Ollie’s Bargain Outlet and Advance Auto Parts, along with service-based users such as Mint Dentistry and Firestone, offering reliable income and tenant diversification.

High-Traffic Location with Strong Visibility: Located on Camp Wisdom Road, just off Interstate 20 (145K VPD), the property enjoys excellent visibility and accessibility, drawing consistent traffic from both local residents and regional commuters.

Located in a High-Growth Metro: Positioned in the Dallas–Fort Worth Metroplex, one of the nation’s fastest-growing economies, the asset benefits from strong job growth, population gains, and increasing retail demand.

Diverse and Supportive Demographics: The surrounding area has a diverse population mix, supporting a broad range of retail categories and ensuring continued tenant demand for service-oriented and discount-based uses.

Value-Add Potential: While stabilized, the property offers upside through future rent increases, strategic lease rollovers, or re-tenanting opportunities as the market continues to tighten.

Strong Regional Connectivity: Proximity to I-20 and US-67 connects the property to major job centers, increasing shopper traffic and enhancing long-term leasing fundamentals.