Property Name

Shops at Hillcrest

GLA 17,407 SF

Percent Leased 100% Leased

Property Description

Shops at Hillcrest is a 17,407 SF retail center located in the affluent, high-growth DFW suburb of Frisco, Texas.  Built in 2018 on a hard corner, the Property is situated on 2.48 acres of land at the signalized intersection of Hillcrest and Rolater Roads approximately 30 minutes north of Downtown Dallas.  Shops at Hillcrest is 100% leased to a relevant tenant lineup including Thrive Dental & Orthodontics, Marco’s Pizza, Casamia Mexican Restaurant, Kosmo Nail Bar and V’s Barbershop, among other complementary users.  Rents average $28.59 PSF NNN with all eight tenants experiencing rent escalations during their primary lease terms.  Average suite size at the Property is 2,176 SF providing strong residual value.