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Forney Plaza 425 Pinson Rd 14,650 SF 100% Leased Retail Building Forney, TX 75126 $3,320,000 ($226.62/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare Brookshire’s Shadow Anchored Shopping Center in Dallas MSA
- Low Rent/SF – Average Rent is $14.83/SF
- High Income and High Growth Area – Average Household Income is $130,000+ in a 5-Mile Radius
- Small Tenant Spaces – Most of the Tenants Occupy Less Than 2,000 SF
- Low Price Point for a Shopping Center in Dallas MSA
- Dense Thoroughfares – Over 15,000 Vehicles Per Day Drive in Front of the Center (Pinson Rd) and Over 78,000 VPD Drive Hwy 80
EXECUTIVE SUMMARY
Forney Plaza is a 100% occupied shopping center located adjacent to the Brookshire’s grocery store in Forney, TX (Dallas MSA). All of the leases are NNN and the property contains a healthy layout of historically strong tenants. 7 of the 11 tenants have been at the property for over 10 years. 5 of the those tenants have been at the property for approximately 20 years which shows commitment to the property and the strength of the local retail market. Situated on 1.46 acres of land, the property was constructed in 1984. The roof is metal with a rubber coating and the parking lot is concrete.
This property is a rare opportunity to acquire a shopping center in one of the most explosive growth areas in the country with below market rents. This shopping center is located on Pinson Rd, a high traffic area of Forney with over 15,000 vehicles per day. It’s also located one block from Hwy-80 which has over 78,000 vehicles per day. Forney’s trade area population is 153,715 (2023 Study) and has a projected population to be 177,488 in 2027. In a 5-mile radius of the property, there has been a 128% increase in population since 2010 (approximately 60,000 population increase).
This property is a rare opportunity to acquire a shopping center in one of the most explosive growth areas in the country with below market rents. This shopping center is located on Pinson Rd, a high traffic area of Forney with over 15,000 vehicles per day. It’s also located one block from Hwy-80 which has over 78,000 vehicles per day. Forney’s trade area population is 153,715 (2023 Study) and has a projected population to be 177,488 in 2027. In a 5-mile radius of the property, there has been a 128% increase in population since 2010 (approximately 60,000 population increase).
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$215,804
|
$14.73
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $215,804 |
| Annual Per SF | $14.73 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
14,650 SF
Building Class
C
Year Built
1984
Price
$3,320,000
Price Per SF
$226.62
Cap Rate
6.50%
NOI
$215,804
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.46 AC
Parking
70 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
193’ on Pinson Rd
AMENITIES
- Pylon Sign
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6570 | Improvements Assessment | $1,731,629 (2024) |
| Land Assessment | $509,824 (2024) | Total Assessment | $2,241,453 (2024) |
PROPERTY TAXES
Parcel Number
6570
Land Assessment
$509,824 (2024)
Improvements Assessment
$1,731,629 (2024)
Total Assessment
$2,241,453 (2024)
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Forney Plaza | 425 Pinson Rd
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