Property Description

The Pleasant Grove - SE Dallas retail submarket is operating at a 2.4% vacancy rate with zero square feet of new supply delivered in the trailing twelve months. That combination points to a development-driven opportunity in a corridor where existing demand exceeds current retail capacity.The 5-mile trade area surrounding this site covers 270,000+ residents, $5.2B in consumer buying power, and 66,971 daytime employees (Source: CoStar). The Balch Springs Amazon delivery station, approximately one mile north of this parcel, reinforces the corridor's logistics and last-mile employment density. The combined residential and daytime employment base supports a wide range of retail, service, and medical uses.The 2.689-acre parcel at 2429 Hickory Tree Road sits one block off Lake June Road in an established retail node anchored by a Walmart Supercenter, with Dollar General, Church's Chicken, 7-Eleven, AT&T, CareNow Urgent Care, and Fresenius Kidney Care all within walking distance. Lake June Road carries approximately 24,000 VPD at this corridor intersection. I-635 carries over 130,000 VPD (per TXDOT) approximately one mile east, providing access to the broader Dallas metro.The C - Commercial District zoning supports owner-user retail, QSR, medical and dental, personal service, multi-tenant strip development, or single-tenant NNN build-to-suit. The site is not in a FEMA flood zone.

Property Features

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