II Creeks Plaza

Highlights

Description

Marcus & Millichap is pleased to present an opportunity to acquire a 63,099-square foot, fully stabilized multi-tenant neighborhood retail center in the desirable Dallas-Fort Worth suburb of Richardson, Texas. The complimentary mix of tenants includes Slate Venues, Sway Dance Center, Crull Fitness, Beyond the Door, Kumon, Wildflower Patio & Grill, PlayDate, Tannery & Company Wealth Management, Shady’s Burgers, Frankie’s Mexican Cuisine, Allstate Insurance, Integrative Veterinary Wellness, Spa at II Creeks, and others. Ninety-five percent of the gross leasable area has triple-net leases, and 57 percent of the gross leasable area has leases with personal guarantees.

Located on 5.747 acres, the subject property as originally constructed in 1975 and completely renovated in 2007 as part of a larger project to turn an 18 acre under-developed retail site into a mixed-use retail and residential destination for the benefit of the neighborhood and the city of Richardson. The refurbished II Creeks Plaza now adjoins a gated villas and townhome community and serves as a backdrop for community events such as concerts and the annual 4th of July parade.

TBD

TBD

Units for Lease