BILL CHERRY'S GREATEST DALLAS PARK CITIES REAL ESTATE BLOG: QUICKEST WAY TO TANK THE FUTURE OF A STRIP CENTER

QUICKEST WAY TO TANK THE FUTURE OF A STRIP CENTER

I drove by a relatively new strip center the other day.  It is surrounded by upscale garden apartments and it's on a Dallas freeway to Somewhere.

Here's the list of tenants:  Palm reader, tattoo parlor, Condoms to Go, nail shop, head shop, liquor store with bars on the windows and doors, and a Big Lots.

I can't tell you how glad I am 1) this piece of real estate isn't in my portfolio 2) that I'm not the guy who leased it out and 3) that I'm not the property manager.

BILL CHERRY, REALTORS

DALLAS - PARK CITIES

Our 45th Year

214 503-8563

 

3 comments • BILL CHERRY • April 24 2010 04:43PM

Comments

Hi Bill, When i saw this all sorts of names popped into my head for this center located where? White Trash Way? Just kidding ;-)

Posted by Russell Lewis, Broker,CLHMS,GRI (Realty Austin, Austin Texas Real Estate) almost 2 years ago

Good Grief.  Haven't they ever heard of demographics???

Sad, sad, sad.

Either the center owners, probably a REIT, goofed.  Or the apartment devleoper (could also be a REIT) goofed.

Posted by Lenn Harley, Real Estate Broker, Virginia & Maryland (Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate) almost 2 years ago

Sounds like one stop shopping for a biker gang except for the bar!

Posted by Newark Delaware Realtors- Wilmington Larry Hultberg Flat Fee FULL SERVICE (Realty Mark Delaware Home Search Wilmington Delaware) almost 2 years ago

This blog does not allow anonymous comments