Shopping centers in Garland, Texas, offer a unique investment opportunity for those looking to capitalize on the city's growing economy. As a hub for electronics, steel fabrication, and food processing, Garland's diverse industries provide a strong foundation for retail growth. Shopping centers in Garland can represent a range of investments, from strip centers and community shopping centers to power centers and regional malls. With amenities like the Granville Arts Center, Pace House, and Garland Landmark Museum, Garland offers a rich cultural scene that attracts visitors and residents alike. The city's infrastructure, including Garland Power and Light and the North Texas Municipal Water District, ensures a reliable and efficient environment for businesses to operate. Additionally, Garland's location within the Dallas-Fort Worth metroplex provides easy access to downtown Dallas and other areas within the region, making it an attractive location for businesses and residents. With its strong economy, rich culture, and convenient location, Garland is an excellent place to invest in a shopping center.
Garland's shopping center market is characterized by 2 available listings, with an average price per square foot of $253 USD and an average size of 12,223 square feet. The largest shopping center available in Garland spans 20,925 square feet, offering ample space for retailers and restaurants. In addition to shopping centers, Garland also offers a range of other commercial properties, including restaurants, specialty properties, land, and office properties. Restaurants in Garland benefit from the city's strong economy and diverse population, while specialty properties like the Granville Arts Center offer unique opportunities for businesses and organizations. Land in Garland is available for development, and office properties like those in the Downtown Garland area provide a convenient and accessible location for businesses. With its diverse range of commercial properties, Garland offers something for every investor.
What is the average cap rate for shopping centers in Garland?
The average cap rate for shopping centers in Garland is 6.94%.
