Location
5706 Mockingbird Park Dallas, TX 75206
Description
Ideally situated at one of the top intersections in Dallas, Mockingbird Park offers the community a one- stop lifestyle shopping center featuring a healthy tenant balance of medical, fitness and daily services. The property has seen solid leasing momentum in recent years, with new leases totaling 70% (36,944 square feet) that have been executed since 2020. There are also ample opportunities to increase the cash flow. The leases are under market and only one – tenant has a renewal option (and it is at Fair Market Value), allowing an investor to easily push rents upon expiration. Moreover, 14 of the current 22 tenant lineup have contractual rental increases, and eight of those are annual increases, steadily increasing the NOI every year.
Square Feet
0 SF
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Mockingbird Park
5706 Mockingbird Park Dallas, TX 75206
