Investment Highlights

National Credit, Anchored Community Center in D/FW Recently Renovated.

Broadmoor Plaza is a well-established, Hispanic-oriented shopping center with 86,302 square feet of space and 16 existing tenants in Mesquite, Texas. Currently 100% leased, Broadmoor Plaza maintains a strong credit line-up of national tenants including Dollar Tree, Five Below, Hibbett Sports, Rainbow (opening 4/26), and Bestway among others. Broadmoor Plaza was renovated in 2025 including a new façade throughout a majority of the property. The collateral for sale also includes a .34 acre tract of land adjacent to the north end of the shoppingcenter.

Strong Cash Flow Stability with Compelling Rent Growth.

Broadmoor Plaza benefits from a below-market rent profile with average rents of $12.53 per square foot. Dollar Tree and Five Below occupy over 35% of the shopping center and account for 29% of the income stream with a WALT of approximately 3.4 years. Over 69% of existing tenants have no renewal options (or have FMV options) allowing an investor to materially push rents higher over the hold period. Over a 5 year hold period, the compound annual growth rate (CAGR) exceeds 2.2% based on organic rent growth and using conservative market lease rate assumptions.

Dense Population with Very Attractive Household Income/Growth.

Broadmoor Plaza benefits from a greater than 45% Hispanic population base surrounding the shopping center. Population exceeds 12,886 residents within a 1-mile radius and 94,573 residents within a 3-mile radius. Average household incomes surrounding Broadmoor Plaza exceed $89,952 and $94,960 within a 1-mile and 3-mile radius, respectively, with incomes projected to increase more than 11% by 2030. Within a 5-mile radius, population exceeds 245,287 residents with incomes of $88,872 that are projected to increase 11.25% by 2030.

Exceptional Visibility and Excellent Access.

Broadmoor Plaza is bound by 3 thoroughfares and two (2) signalized corners creating convenient access throughout the property with eight (8) points of ingress and egress throughout the shopping center. More than 48,210 vehicles pass by the center each day. There are two (2) large multi-tenant pylon signs at the entrances of the shopping center that provide maximum tenant exposure and tenant identification for shoppers. Broadmoor Plaza is located across the street from an institutionally owned Kroger-anchored center.