0 Camp Wisdom RdDuncanville, TX 75116

For Sale
Call for price

High-Occupancy Retail Center, Strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
93
This 111,437 square foot shopping center in Duncanville, Texas, presents a compelling investment opportunity. Located on Camp Wisdom Road, a quarter-mile from Interstate 20, it boasts a 96.79% occupancy rate and a strong NOI of $1,082,460. The property comprises two in-line retail buildings and four single-tenant outlots, anchored by Ollie's Bargain Outlet and Advanced Auto Parts. Other tenants include national and regional retailers such as Mint Dentistry, Firestone Tire, Popeye's, and BPL Plasma. Built in phases between 1963 and 2015, the center benefits from a weighted average lease term (WALT) of 3.66 years, providing stability and predictable income. Recent capital improvements totaling $441,000 (2019-2022) included parking lot resurfacing, roof recoating, and the addition of 18 security cameras. The property sits on an 11.57-acre lot and is zoned C-2 General Commercial. This well-maintained asset offers investors a stabilized, high-performing shopping center with significant upside potential, given its prime location and strong tenant mix. The high traffic count on I-20 provides excellent visibility and accessibility. The Mint Dentistry location is a top performer based on customer traffic. This is a rare opportunity to acquire a stabilized, income-producing retail property in a desirable location.

Highlights

  • Stabilized neighborhood shopping center with I-20 frontage.
  • 96.79% occupancy; staggered leases; 3.66-year weighted average lease term (WALT).
  • $441,000 in recent capital improvements (2019-2022), including parking lot resurfacing, roof recoating, and security system upgrades.
  • Top-performing Mint Dentistry location.

Property Details for 0 Camp Wisdom Rd

Property type
Lifestyle centers, Power centers
Square Feet
111,437 SF
Lot Size (sq. ft)
503,989 SF

Location Insight

City
Duncanville
County
Dallas
State
Texas
Latitude
32.66179616276
Longitude
-96.90293194075
Camp Wisdom Rd, Duncanville, Texas

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0 Camp Wisdom Rd
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