Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1997
Building Area Gross
Land Area Gross ()
Occupancy 91.0 %

Asset Description

Jones Lang LaSalle (“JLL”), is pleased to exclusively present the opportunity to acquire Independence Square (the “Property”), a 91% leased, 140,218 square foot grocery-anchored center located in the affluent neighborhood of Plano, Texas. The Property is anchored by Tom Thumb, a high-performing grocer, tenured tenant that comprises 34% of the total rentable area. Positioned on a high traffic intersection within a dense neighborhood population in Plano, the Property caters to over 127,000 residents within three miles with an average household income of over $130,000 - 20% above DFW Average. Independence Square’s highly productive Tom Thumb offering, complementary tenancy and stabilized fundamentals coupled with Plano’s significant growth dynamics presents the unique opportunity to acquire a grocery-anchored retail asset with mark-to-market upside in the thriving DFW metroplex.

Investment Highlights

  • Preeminent neighborhood in Plano, TX
  • 2022 Leasing momentum 26,000 SF (19% NRA)
  • Over 850,000 annual visits
  • Robust demographics $130 average household income
  • Mark-to-market opportunity
Last Updated Date: 18 Nov 2022

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 18 Nov 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.