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Audubon Village 565 W Oates Rd 32,781 SF 88% Leased Retail Building Garland, TX 75043 $8,163,830 CAD ($249.04 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Long-term tenant roster with multiple occupancies exceeding 10 years supports income durability.
- Adjacent to Audubon Park featuring recreational amenities that drive steady visitor flow.
- Occupancy at 88% with NOI reported at $387,342 and a 6.5% cap rate enhances investor appeal.
- Located within a densely populated residential area ensuring consistent consumer traffic.
- Less than one mile from major highways I-30 and I-635, providing regional accessibility.
Executive Summary
Audubon Village Shopping Center is a 32,781 SF neighborhood retail center in Garland, TX, featuring community favorites such as Da Boyz Sports Bar & Grill, Sothern Maid Donuts, Louisiana Famous Fried Chicken, and Skillman Wok. Service uses include Skye Nails, a Hair Salon, La Prada Dental, and a Health Care Clinic. Our newest Tenant, Launch Labs, offers Golf Simulator Training, Entertainment, and Corporate Events. Audubon Village is located across the street from the expansive Audubon Park which hosts several sports fields, the city Aquatic Center, Rec. Center, and two Disc Golf Courses.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
32,781 SF
Building Class
C
Year Built
1985
Price
$8,163,830 CAD
Price Per SF
$249.04 CAD
Cap Rate
6.50%
NOI
$530,659 CAD
Percent Leased
88%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
2.97 AC
Zoning
C - Community Retail District
Parking
225 Spaces (6.99 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 101
- 2,539 SF
- Retail
- In-Line
- Now
1,526 SF retail space available with great street visibility. Perfect for service businesses!
| Space | Size | Space Use | Position | Available |
| 101 | 2,539 SF | Retail | In-Line | Now |
| 160 | 1,526 SF | Retail | In-Line | Now |
101
| Size |
| 2,539 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
160
| Size |
| 1,526 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
160
| Size | 1,526 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
1,526 SF retail space available with great street visibility. Perfect for service businesses!
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 26309290010020000 | Improvements Assessment | $2,796,334 CAD |
| Land Assessment | $354,666 CAD | Total Assessment | $3,151,000 CAD |
Property Taxes
Parcel Number
26309290010020000
Land Assessment
$354,666 CAD
Improvements Assessment
$2,796,334 CAD
Total Assessment
$3,151,000 CAD
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Audubon Village | 565 W Oates Rd
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