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Grnd Floor - Unit 1
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Retail
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7,871 SF
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$3,045,000 USD
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Unit Size: 7,871 SF
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Condo Use: Retail
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Price: $3,045,000 USD
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Sale Type: Investment
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Price/SF: $386.86 USD
Description
GROUND FLOOR RETAIL - Investors will appreciate the property’s position within The Realm at Castle Hills, a 324-acre master-planned community adjacent to the $1.5 billion Grandscape development, which includes high-end hotels, offices, and entertainment venues. With a 6.50% cap rate and NOI of $197,705, Sojourn Retail offers a rare opportunity to acquire a fully stabilized, Class A retail asset in one of the fastest-growing submarkets in the Dallas-Fort Worth Metroplex.
Sale Notes
Sojourn Retail presents a premier investment opportunity in the heart of Castle Hills, one of North Dallas’ most dynamic master-planned communities. This 7,871 SF retail condominium is 100% leased to a complementary mix of tenants under long-term NNN leases, providing stable cash flow and minimal landlord responsibilities. Built in 2021, the property features modern construction and is strategically positioned on the ground floor of a luxury mixed-use development, creating strong synergy between retail, residential, and multifamily components.
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Ted Parrish
SUMMIT RE
