McAlister Square

Property Details

Tenancy:
Multi-Tenant
Occupancy:
95%
Square Footage:
169,378 sqft
NOI:
$1,679,640

McAlister Square

War Room

Confidentiality Agreement

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Property Overview

  • The center is ~95% leased with over 85% of the existing tenants being national brand retailers
  • Over 1,000 feet of frontage along Interstate 35W, which carries over 110,000 vehicles per day
  • According to U.S. Census data, the population in a 3 mile radius of this site has increased by over 244% since 2000
  • Anchor tenants include Academy, Party City and Half Priced Books
  • Strong regional retail hub encompassing over 1 million square feet along this one mile corridor
  • Average rental rate of $11.82 psf
  • Recent Mattress Firm and Half Price Books lease renewals & Legacy Nails & Spa expansion and extension
  • Average Household incomes exceed $84,000 in a 3 mile radius
  • All 4 outparcel buildings are included in the offering

This 169,398 square foot shopping center is situated on +/- 20.18 acres of land and is a collection of 4 out parcel buildings, 15,720 square feet of inline shop space, 34,766 square feet of junior anchor space including Party City and Half Price Books, and is anchored by a 90,360 square foot Academy Sports and Outdoors. The center is almost 95% leased with over 85% of the existing tenants being national brand retailers. The site is located at the SWQ of I-35W and Rendon Crowley Road in Burleson, Texas. According to U.S. Census data, population in a 3 mile radius of this location has increased by over 244% since 2000. The city lies 12 miles to the south of downtown Fort Worth and is part of the DFW Metroplex.


The "Metroplex" is the largest metropolitan area in Texas, the largest in the South, and fourth largest in the U.S. with a population of 7,424,256, according to the 2017 U.S. Census official estimate. Overall, DFW is the 12th largest metro economy in the world and has a gross metro product exceeding $300 billion. Burleson is appealing to many because of its easy proximity to the Metroplex, low taxes, a family-oriented environment and an outstanding school system. Interstate 35W and State Highway 174 come together in the center of Burleson, funneling traffic together from neighboring satellite communities to the south. Due to its spacing from Fort Worth and the convergence of these major arterials, many national retailers have chosen Burleson as the southern retail gateway to the western portion of the DFW Metroplex.


McAlister Square has over 1,000 feet of frontage along Interstate 35W, which boasts a daily traffic count of over 110,000 vehicles per day. There is over 1 million square feet of retail located along this one-mile retail corridor including national retailers such as Sam's Club, TJ Maxx, Conn's, Michael's, JCPenney, Lowe's, Academy Sports and Outdoors, Albertson's, Best Buy, Ross, Kohl's and hundreds of small shop retailers and restaurants. With a critical mass of national retailers and exceptional daily traffic, this regional retail hub ensures long-term stability for this asset.