Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Attributes

Year Built 1981
Building Area
Land Area ()

Property Description

Village on the Parkway Drone Video


Jones Lang LaSalle Americas, Inc. is pleased to extend to a select group of qualified investors the opportunity to acquire the vibrant Village on the Parkway project, a pedestrian-friendly, grocery anchored urban village consisting of 8 buildings totaling 343,911 square feet of premium retail space at the heart of Dallas’s Platinum Corridor, the city’s biggest office market. The property sits on ~32 acres and is anchored by best-in-class retailers including Whole Foods Market, AMC Theatre, and a cluster of high traffic restaurants and soft goods retailers. 



Village on the Parkway maintains unparalleled accessibility and exposure with its bullseye location at the intersection of Belt Line Road and Dallas North Tollway, which combine for over 200,000 vehicles per day, serving the trade area’s extremely large daytime and nighttime population. The dynamic location, transaction size, and ability to build on the Property’s already strong fundamentals provide a rare investment opportunity.

Investment Highlights

Address

5100 Belt Line Road, Dallas, TX 75254


Square Footage

343,911 Sf


Leased

77%


Walt

7.10 Years


Year Built / Redeveloped

1981 / 2014


Site

~32 Acres


Parking

2,260 Spaces (6.67/1,000 Sf)


Zoning

Planned Development (Retail And Mixed Use)

Last Updated Date: 16 Dec 2020
Barry Brown
Barry Brown
Senior Managing Director, Retail Group Leader
License details
AL-000066272-0 CO-EA.100005864 MS-B17703 OK-140058 TX-0267878
Chris Gerard
Chris Gerard
Senior Managing Director, Capital Markets
License details
TX-555711

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Last Updated Date: 16 Dec 2020

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