Garland, Texas, offers a diverse range of Retail Properties For Sale, making it an attractive investment opportunity for those looking to capitalize on the city's growing economy. With a population of approximately 250,000, Garland provides a sizable customer base for retail businesses. Retail Properties in Garland can represent a variety of investments, from strip centers and shopping malls to freestanding buildings and mixed-use developments. The city's strong infrastructure, including Garland Power and Light, the North Texas Municipal Water District, and the Garland wastewater treatment plant, supports the growth of retail businesses. Additionally, Garland's convenient location near major highways, including Interstate 30 and the President George Bush Turnpike, makes it an ideal spot for retailers. The city's amenities, such as the Granville Arts Center, the Garland Landmark Museum, and over 2,880 acres of park land, also contribute to its appeal as a retail destination. Overall, Garland's unique blend of small-town charm and big-city amenities makes it an excellent place to invest in Retail Properties.
With 4 Retail Properties For Sale in Garland, investors have a range of options to choose from. The average price per square foot for Retail Properties in Garland is $387 USD, with an average size of 24,684 square feet. The largest Retail Property available in Garland spans 256,852 square feet. In addition to Retail Properties, Garland also offers a range of other property types, including Shopping Centers, which provide a concentrated retail experience; Restaurants, which cater to the city's diverse dining needs; Office Properties, which support the city's growing business community; and Hotels, which accommodate visitors and business travelers. Garland's diverse economy, strong infrastructure, and convenient location make it an attractive destination for businesses and investors alike.
What is the average cap rate for retail properties in Garland?
When it comes to retail properties in Garland, investors can expect an average cap rate of 6.15%, which is a key metric to consider when evaluating potential investments. To learn more about how cap rates work and what they mean for your investment strategy, check out our article on what is a cap rate, and explore the 4 available listings of retail properties in Garland to find the right opportunity for your portfolio.
How do location and foot traffic affect retail property values?
In Garland, Texas, the location and foot traffic of a retail property significantly impact its value. Properties situated in high-traffic areas, such as those near major highways like Interstate 30 and Interstate 635, or in close proximity to popular amenities like the Granville Arts Center and Historic Downtown Garland, tend to command higher prices due to their increased visibility and accessibility, with an average price per square foot of $387 USD and an average size of 24,684 square feet.
