Property Highlights

Property Name
Property Address
Market
Property Type
SQFT
Major Tenants
Market Place Shopping Center
3002 S 31st Street, Temple, Texas 76502
Temple, Texas
Grocery-anchored regional community center
291,844
HEB, Kohl’s, Tuesday Morning, Burke’s Outlet, Pier One, Dollar Tree, Rent-A-Center
For Leasing Information, click here
Market Place Shopping Center is the dominant grocery-anchored community retail center located in Temple, Texas, one of the fastest-growing cities in Texas. Built in 1980, the center is leased to an impressive array of national and regional tenants, including a strong-performing HEB, Kohl’s, Beall’s, Pier One and Dollar Tree. Other notable tenants include Starbucks, The Avenue, Jason’s Deli and Payless Shoes. The center is prominently located at the southwest corner of Loop 363 and S. 31st Street. More than 52,000 cars per day pass the center on Loop 363 and more than 30,000 cars per day pass the center on S. 31st Street.

The Temple/Killeen/Fort Hood metropolitan area is located in the heart of Texas, with a strategic position along Interstate 35, approximately 68 miles north of Austin and 128 miles south of Dallas. The trade area consists of more than 433,000 residents, and is projected to grow by more than 6.42% by 2020. The center is located across Loop 363 from Scott & White Health, the largest employer in the region and across S. 31st Street from the Temple Mall (Macy’s, Dillard’s, JC Penney). The center serves more than 112,000 residents with an Average Household Income of more than $66,000 in a seven-mile radius.

HEB is the dominant grocer in the Temple/Killeen/Ft. Hood MSA. Texas’ largest private company and the #1 food retailer in South and Central Texas, HEB owns approximately 330 supermarkets. HEB ranked No. 11 on Forbes’ 2011 list of “America’s Largest Private Companies”.

Kohl’s (NYSE: KSS) is a leading specialty department store founded in 1962, with 1,164 stores in 49 states and in 2012 became America’s largest department store chain by number of stores, surpassing its biggest competitor, JC Penney. In 2013, Kohl’s became the nation’s second largest department store company by retail sales.