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Townsend Square Shopping Center 901 N Polk St

1,225 - 36,343 SF of Space Available in DeSoto, TX 75115

Highlights

  • Location has heavy day time traffic.
  • The shopping center is newly renovated making it a prime destination.
  • Public transportation is conveniently located near the shopping center.
  • Conveniently located near major highways and interstate.

Space Availability (4)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor, Ste 301
  • 30,090 SF
  • 3-5 Years
  • £7.04 /SF/PA £0.59 /SF/MO £75.80 /m²/PA £6.32 /m²/MO £211,895 /PA £17,658 /MO
  • Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
  • Former Department Store Anchor Space
  • 1st Floor, Ste 347
  • 1,225 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
Space Use
Office
Condition
-
Availability
Now
  • 1st Floor, Ste 350
  • 1,299 SF
  • 3-5 Years
  • £14.08 /SF/PA £1.17 /SF/MO £151.60 /m²/PA £12.63 /m²/MO £18,295 /PA £1,525 /MO
  • Triple Net
Space Use
Retail
Condition
-
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste 390
  • 3,729 SF
  • 3-5 Years
  • £17.21 /SF/PA £1.43 /SF/MO £185.29 /m²/PA £15.44 /m²/MO £64,191 /PA £5,349 /MO
  • Triple Net
Space Use
Retail
Condition
-
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rent Service Type
1st Floor, Ste 301 30,090 SF 3-5 Years £7.04 /SF/PA £0.59 /SF/MO £75.80 /m²/PA £6.32 /m²/MO £211,895 /PA £17,658 /MO Triple Net
1st Floor, Ste 347 1,225 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD
1st Floor, Ste 350 1,299 SF 3-5 Years £14.08 /SF/PA £1.17 /SF/MO £151.60 /m²/PA £12.63 /m²/MO £18,295 /PA £1,525 /MO Triple Net
1st Floor, Ste 390 3,729 SF 3-5 Years £17.21 /SF/PA £1.43 /SF/MO £185.29 /m²/PA £15.44 /m²/MO £64,191 /PA £5,349 /MO Triple Net

1st Floor, Ste 301

Size
30,090 SF
Term
3-5 Years
Rent
£7.04 /SF/PA £0.59 /SF/MO £75.80 /m²/PA £6.32 /m²/MO £211,895 /PA £17,658 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Space is an outparcel at this property
  • Former Department Store Anchor Space

1st Floor, Ste 347

Size
1,225 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Office
Condition
-
Availability
Now

1st Floor, Ste 350

Size
1,299 SF
Term
3-5 Years
Rent
£14.08 /SF/PA £1.17 /SF/MO £151.60 /m²/PA £12.63 /m²/MO £18,295 /PA £1,525 /MO
Service Type
Triple Net
Space Use
Retail
Condition
-
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

1st Floor, Ste 390

Size
3,729 SF
Term
3-5 Years
Rent
£17.21 /SF/PA £1.43 /SF/MO £185.29 /m²/PA £15.44 /m²/MO £64,191 /PA £5,349 /MO
Service Type
Triple Net
Space Use
Retail
Condition
-
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 901 N Polk St , DeSoto, TX 75115

Property Type Retail
Gross Internal Area 83,744 SF
Year Built/Renovated 1985/2023
Parking Ratio 2.09/1,000 SF

About the Property

2023 Renovated shopping center, with ample parking. Close proximity to the downtown area of DeSoto. The Shopping Center is situated at the Northwest and Northeast corners of N. Polk St. and E. Pleasant Run Rd. with easy access to I-35 and includes a diverse mix of tenants.

  • Pylon Sign
  • Signalised Intersection

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
10,682
63,215
184,994
306,954
2029 Population
10,483
62,452
185,703
310,495
2024-2029 Projected Population Growth
-1.9%
-1.2%
0.4%
1.2%
Median Age
41.2
37.4
36.3
36.2
College Degree + Higher
24%
24%
23%
14%
Daytime Employees
2,474
17,767
45,319
88,901
Total Businesses
399
2,293
5,953
11,837
Average Household Income
$75,656
$85,067
$79,275
$75,882
Median Household Income
$60,695
$69,633
$62,340
$58,243
Total Consumer Spending
$111.1M
$655.5M
$1.8B
$3B
2024 Households
4,190
21,918
63,675
104,800
Average Home Value
$230,307
$232,332
$233,090
$230,329
$ values in USD

Nearby Major Retailers

Boston Market
Chase
Truist
Bank of America
Tom Thumb
Starbucks
Fuzzy's Taco Shop
CrossFit
Kroger
Rent-A-Center
  • Listing ID: 30272986

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 901 N Polk St, DeSoto, TX 75115

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