Southlake Commons

• The property is currently 99% occupied. Almost all tenants are on Triple-net leases with no options, giving a potential investor the ability to capture market-rate rents.
• The 105,000 SF center features a diverse mix of internet-resistant, experience-based tenants, including youth sports, fitness, and entertainment, providing stability through changing retail market conditions. Additionally, many tenants in this lineup have long-term continuity at the center providing reliable cash flow to an investor.
• Southlake ranks #8 among nation’s most affluent communities. The property is strategically situated near the corner of East Southlake Boulevard, directly along Commerce Street.
• Southlake benefits from a robust business climate, bolstered by major corporate employers like Sabre Corporation and Deloitte University. Texas has no state income tax and business-friendly legislation, allowing a landlord to operate more freely.
• Located in a thriving, affluent community with an average household income of $171,556 within a 5-mile radius.
• Positioned near major Texas roadways, including State Highway 114 and State Highway 121. The property provides outstanding regional connectivity and a steady flow of potential customers.
• The property is being offered at $218 per square foot, which is a very attractive basis for Southlake retail. Additionally, the current average rent per foot is $18. Nearby retail leasing comps are all higher.
• The landlord recently spent over $700,000 in CAPEX, leaving very little deferred maintenance. Recent improvements include: $300,000 of parking lot work / a $392,000 silicone roof / $18,000 for crack sealing around the building and parking.
• Southlake Commons has a WALT greater than 3 years as of July 2026. Tenants have demonstrated a long-term commitment to this location with 45.8% being in their spaces for more than 5 years and 16.7% being here for more than 10 years.
• The center has been professionally owned and managed by a local family for over a decade. During their time as owners, the center has remained consistently full, demonstrating customer dedication to this center.