SOUTHRIDGE VILLAGE 2434 s interstate 35 e |denton, TX 76205 OFFERING MEMORANDUM ™ TABLE OF CONTENTS 4 Executive summary 6 property overview 14 area overview 18 financial overview 24 tenant overview EXCLUSIVELY LISTED BY Johnny blue craig Scott Henard ASSOCIATE SVP & REGIONAL DIRECTOR KYLE MATTHEWS SHOPPING CENTERS SHOPPING CENTERS BROKER OF RECORD
[email protected] [email protected] DIR (214) 692-2068 DIR (214) 692-2046 LIC # 678067 MOB (850) 509-8733 MOB (972) 998-7373 LIC # SL3331383 (FL) LIC # 684841 (TX) Executive summary OFFERING SUMMARY Matthews Real Estate Investment Services is pleased to present to qualified investors the fee simple sale of Southridge Village Shopping Center. Southridge Village is located in the city of Denton, TX, a strong growing suburb in the Dallas-Fort Worth MSA. Positioned directly off I-35 E, which sees over 200,000 cars per day, this asset provides an impressive investor return with an equally impressive location that has short-term upside. The site is located directly across the interstate from the Golden Triangle Mall, a recently renovated dominant regional mall, and is surrounded by national tenants that include Target, Walmart, Home Depot, Bed Bath and Beyond, Barnes & Noble, Hobby Lobby and more. Further, the investment is located next door to the new 16-acre development of the Buc-ee’s Travel Center Prototype which will feature 52,000 square feet and around 96 gas pumps and is set to deliver in early 2018. There are also several new multifamily complexes being developed next to the center. Paired with the possibility of the future owner to add an additional pad site in front of the center, this investment provides an owner with strong returns with immediate upside.