Valley Ranch Center
Valley Ranch Centre, a 111,000-square-foot shopping center at 820 S MacArthur Blvd., in Coppell, TX—just 18 miles North of downtown Dallas.
New long-term leases with Club 4 Fitness and Dollar Tree serve as anchors to this neighborhood center, which was 75 percent leased at the time of sale. PMAT plans to implement an intensive lease-up program to renovate and fully stabilize this center. Within months of closing, AutoZone executed the first new lease for a 7,000-square-foot endcap space. This quick addition of another national credit co-anchor to the tenant mix is the first step of PMAT’s value-add business plan to stabilize another underperforming but fundamentally sound anchored Select Open Air Retail (SOAR) center.
Valley Ranch Centre is located on the intersection of MacArthur Blvd and Beltline Rd with combined traffic counts of over 50,000 VPD. Demographics in the area are strong with 216,000 people living in a 5 mile radius earning average incomes of $114,000..