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 approximately 95% leased with over 85% of the existing tenants being national brand retailers.
  • Over 1,000 feet of frontage along I-35W, carrying over 110,000 vehicles per day.
  • According to U.S. Census data, the population in a three-mile radius of this site has increased by over 244% since 2000.
  • Anchor tenants include Academy Sports + Outdoors®, Party City® and Half Price Books®.
  • Strong regional retail hub encompassing over one million square feet along this one-mile corridor.
  • Average rental rate of $11.82 PSF.
  • Recent lease renewals from Mattress Firm® and Half Price Books®.
  • Legacy Nails & Spa expansion and extension.
  • Average Household Incomes exceed $84,000 in a three-mile radius.
  • All four 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 four outparcel 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 + Outdoors®. The center is approximately 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, the population in a three-mile radius of this location has increased by over 244% since 2000. The city lies 12 miles south of downtown Fort Worth, inside the greater Dallas-Fort Worth Metroplex.


The DFW Metroplex is the largest metropolitan area in Texas, the largest in the South, and fourth largest in the U.S. with a population of 7,399,662 according to the 2017 U.S. Census official estimate. Overall, DFW is the 17th largest metro economy in the world and has a gross metro product exceeding $300 billion. Burleson is appealing because of its easy proximity to the Metroplex, low taxes, family-oriented environment, and an outstanding school system. I-35W and State Highway 174 come together in the center of Burleson, funneling traffic from neighboring satellite communities to the south. Due to its proximity to 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 I-35W, which boasts a daily traffic count of over 110,000 vehicles per day. There is over one million square feet of retail located along this one-mile corridor including national retailer brands like Sam’s Club®, TJ Maxx®, Conn’s®, Michaels®, JCPenney®, Lowe’s®, Academy Sports + Outdoors®, Albertsons®, 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 McAlister Square.