Henry S. Miller Cos. Sells Broadway Corners
GARLAND – – Henry S. Miller Brokerage’s Darrell Hurmis and Daniel Harris recently closed on the sale of Broadway Corners Shopping Center in Garland, Texas. Constructed in 2004, this approximately 13,719 square foot shopping center is prominently located at the northwest corner of Interstate 30 and Broadway Boulevard at 5949 Broadway Blvd. This center is currently 100% occupied and is shadow anchored by a Walmart Super Center.
Henry S. Miller Companies purchased Broadway Corners with a syndication of investors in 2005. “Broadway Corners was a very successful investment for our equity partners. Our leasing agents did an excellent job of gradually improving the tenant mix, our property managers kept the asset in first class condition and our sales team provided an outstanding marketing effort. The property generated steady distributions over the years and the sale resulted in a healthy return on the investment.” said Greg Miller, President/CEO of Henry S. Miller Companies.
“The quality of the location and the current tenants make this a solid investment for the local investor,” said Hurmis. The current tenant mix is the ideal blend of restaurant, service and retail including national retailers, including: GNC, Sports Clips, GameStop and WingStop.