Marcus and Millichap Brokers Sale of 24 Unit Retail Property in Dallas Texas

Reuters
Oct 15
Marcus and Millichap Brokers Sale of 24 Unit Retail Property in Dallas Texas

Marcus & Millichap Inc. has brokered the sale of Abrams Forest Shopping Center, a 24-unit retail strip in Dallas, Texas. The property consists of two multi-tenant buildings totaling 69,820 square feet and a separately parceled 13,013-square-foot, single-tenant building leased to CVS. Situated on 7.77 acres and shadow-anchored by a Walmart Supercenter, the center is currently 61 percent occupied with tenants such as Dollar Tree, AutoZone, and T-Mobile, all on triple-net leases. Both the seller and buyer are local Dallas-Fort Worth developers.

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