Fairmeadows Shopping Center 7 Retail Properties in Duncanville, TX
INVESTMENT HIGHLIGHTS
- Stabilized neighborhood center adjacent to Interstate 20
- Well maintained asset – current owner invested $441,000 from 2019 to 2022 to resurface sections of the parking lot, replace roof coatings, and add 18
- 96.79% occupied with staggered lease expirations; WALT of 3.66 Years
- #1 Mint Dentistry location by customer traffic
EXECUTIVE SUMMARY
Fairmeadows Shopping Center (the “Property”) is a 111,437 square foot neighborhood center located on Camp Wisdom Rd in Duncanville, Texas. Mostly built between 1963 and 1986, the Property is currently 96.79% occupied and is comprised of two (2) standalone in-line retail buildings and four (4) single-tenant outlot buildings. The property’s tenant mix is anchored by Ollie's Bargain Outlet and Advanced Auto Parts but also includes national and regional retailers such as Mint Dentistry, Firestone Tire, Popeye’s, and BPL Plasma. Fronted by Camp Wisdom Road and a quarter of a mile removed from Interstate 20, the center is accessible to the more than 137,000 vehicles that travel daily on Interstate 20. This property will provide an investor with a long-term investment in a stabilized shopping center with sound fundamentals and the potential for upside.
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 115,342 SF |
| Total Land Area | 34.72 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 422 E Camp Wisdom Rd, Duncanville, TX 75116 | Retail | 1,385 SF | 1963 | - |
| 727 Oriole Blvd, Duncanville, TX 75116 | Retail | 2,400 SF | 1963 | - |
| 334-410 E Camp Wisdom Rd, Duncanville, TX 75116 | Retail | 50,214 SF | 1969 | - |
| 306 E Camp Wisdom Rd, Duncanville, TX 75116 | Retail | 7,883 SF | 1985 | - |
| 414 E Camp Wisdom Rd, Duncanville, TX 75116 | Retail | 672 SF | 1984 | - |
| 306-328 E Camp Wisdom Rd, Duncanville, TX 75116 | Retail | 46,998 SF | 1973 | - |
| 210 E Camp Wisdom Rd, Duncanville, TX 75116 | Retail | 5,790 SF | 1973 | - |
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