Fairmeadows Shopping Center Duncanville, TX

Download Offering Memorandum

Fairmeadows Shopping Center

Address

210-422 E Camp Wisdom Rd & 727 Oriole Blvd
Duncanville, TX 75116

Property Overview

Fairmeadows Shopping Center (the “Property”) is a 111,437 square foot neighborhood center located on Camp Wisdom Rd in Duncanville, Texas. Mostly built between 1963 and 1986, the Property is currently 95.13% occupied and is comprised of two (2) standalone in-line retail buildings and four (4) single-tenant outlot buildings. The property’s tenant mix is anchored by 99 Cents Only and Advanced Auto Parts but also includes national and regional retailers such as Mint Dentistry, Firestone Tire, Popeye’s, and BPL Plasma. Fronted by Camp Wisdom Road and a quarter of a mile removed from Interstate 20, the center is accessible to the more than 137,000 vehicles that travel daily on Interstate 20. This property will provide an investor with a long-term investment in a stabilized shopping center with sound fundamentals and the potential for upside.   

Investment Highlights

Stabilized neighborhood center adjacent to Interstate 20

95.13% occupied with staggered lease expirations

Well maintained asset – current owner invested $441,000 from 2019 to 2022 to resurface sections of the parking lot, replace roof coatings, and add 18 security cameras

#1 Mint Dentistry location by customer traffic

7th most visited 99 Cents Only store in the state of Texas by square feet

Location

Team

Brokerage Team

Bill Pyle

Principal
Edge Capital Markets
214.545.6977 bpyle@edge-cm.com

Brandon Beeson

Principal
Edge Capital Markets
214.545.6916 bbeeson@edge-cm.com

Phone
214.545.6900
Address

5950 Berkshire Lane, Suite 700, Dallas, Texas 75225