Lakewood Shopping Center

Zach Bates, Ben Snyder, & Chuck Evans (in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code).

• Aldi shadow-anchored strip center in the heart of Dallas-Fort Worth MSA (4th largest in U.S.) | Significantly undermarket rents | Future mark-to-market opportunities
• Diversified income stream with retail & self-storage components | Retail is 100% leased with the self-storage being 98% leased
• Offered significantly below replacement cost at $123 PSF | Retail annual base rent = $13.02 PSF | Self-storage annual base rent = $6.64 PSF | 6-acre parcel
• Strong recent leasing momentum | 4 of the 5 largest retail tenants have executed long-term renewals thru at least 2034, highlighting their desire to remain at the center long-term | All retail tenants have recently executed or been converted to full NNN leases
• Ideal location in the heart of the Dallas–Fort Worth MSA (8.5M people) | 11% population growth in the DFW MSA over the last 5 years – fastest-growing top 20 MSA in the U.S.
• Located less than 2 miles from Univ. of Texas at Arlington | Less than 4 miles from AT&T Stadium (Dallas Cowboys) and Globe Life Field (Texas Rangers)
• Recent capital improvements completed | Nearly $1M of capital invested into the center since 2023
• Excellent visibility and easy access with multiple points (6) of ingress/egress
• Offered free & clear of existing financing