2006 W Buckingham Rd 12,710 SF Retail Building Garland, TX 75042 $4,765,810 CAD ($374.97 CAD/SF) 7% Cap Rate

Prime Stabilized Retail Investment Opportunity – Garland, TX (DFW MSA)
Buckingham Plaza presents a rare opportunity to acquire a 100% occupied, stabilized retail shopping center in the heart of Garland, Texas, within the high-growth Dallas–Fort Worth Metroplex.
This 12,710 SF retail center on a 1.15-acre lot is strategically positioned at a high-traffic intersection with over 38,000 vehicles per day, offering excellent visibility, easy access, and consistent customer flow. The property features a diverse and resilient tenant mix, including a well-established laundromat and multiple restaurant operators, providing stable cash flow and reduced tenant risk.
The asset is offered at a 7.00% cap rate, with below-market rental rates, creating immediate and realistic upside for a new owner through rent optimization over time. The center is located in a well-established commercial corridor surrounded by strong retail, dining, and service businesses, further supporting long-term tenant demand.
Significant capital improvements and updates have already been completed in 2023 with a new roof, allowing the next owner to step into a turn-key investment with minimal near-term maintenance concerns. Combined with ample parking, commercial zoning, and a business-friendly Texas environment (no state income tax), this property is ideally suited for both passive investors and value-add buyers.
The Dallas–Fort Worth region continues to experience strong population growth, job expansion, and in-migration, making well-located neighborhood retail assets like Buckingham Plaza increasingly scarce and desirable.
This offering is ideal for investors seeking:
Stable income with upside potential
A fully leased neighborhood retail center
Long-term appreciation in one of the fastest-growing U.S. markets