Hebron Heights

October 28, 2016 Comments Off on Shopoff Adds 36K-SF Hebron Heights to Portfolio Views: 175 Dallas-Fort Worth, Texas News

Shopoff Adds 36K-SF Hebron Heights to Portfolio

Shopoff Realty Investments of Los Angeles acquired Hebron Heights, a 36,000-square-foot retail center in Carrollton, TX for approximately $8.1 million from Dallas-based seller Tabani Group. The retail property is anchored by Pet Supplies Plus, and is 100% leased to a mix of national, regional and local tenants.

Situated on 8.0 acres at 1012 W. Hebron Pkwy., the asset delivered in 2004. “Hebron Heights is in a great location surrounded by homes and is in close proximity to other major retailers with the potential to draw additional patrons to the shopping center,” said Shopoff Realty CEO William Shopoff. He added that 50% of the leases will expire in the next five years, providing a value-add opportunity through increased rents.

Connect with Shopoff

For comments, questions or concerns, please contact Amy Sorter

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , , , , ,

Comments are closed.