Property Name

Highway 183 Retail Center

GLA 7,933 SF

Percent Leased 100% Leased

Property Description

Highway 183 Retail Center is a 7,933 SF retail asset with a drive-thru end cap in a thriving retail corridor of Hurst, Texas.  Positioned just off the signalized intersection of Highway 183 and Precinct Line Road, the Property is just 15 minutes west of DFW International Airport, 15 minutes east of Downtown Fort Worth and 30 minutes west of Downtown Dallas. Highway 183 Retail Center is 100% leased to a complementary mix of tenants which includes Tropical Smoothie Café, Tiff’s Treats, Egg Haven and Texas Original. The Property benefits from an average base lease term expiration of March 2029 with all tenants experiencing built in rent escalations.  Built in 2017, Highway 183 Retail Center features parallel positioning to Highway 183, a drive-thru end cap and outdoor patio for Tropical Smoothie Café, partial masonry construction, an average suite size of 1,587 SF, shallow bay depth and a large highly visible two-sided pylon sign.  The Property is conveniently located within a dense regional trade area with more than 2,900,000 SF of restaurant and retail GLA in a one mile radius. Nationally known tenants in close proximity include Super Target, Walmart Supercenter, Aldi, CVS Pharmacy, Walgreens, Starbucks, In-N-Out Burger, AT&T, Panera Bread, Ace Hardware and QuickTrip amongst others.