110 S US Highway 287 - Retail FOR SALE


Mansfield, TX 76063- Downtown Mansfield
$5,087,000 USD
214-674-8126
110 S US Highway 287, Mansfield, TX for Sale
$5,087,000 USD
Retail - FOR SALE
1/3
null | 6.25% Cap Rate

110 S US Highway 287
Mansfield, TX 76063
Downtown Mansfield


OVERVIEW

100% Occupancy with Long-Term Triple Net Leases – Allows an investor to have limited landlord responsibilities and ease of management Directly Across from 8th Most Visited H-E-B – Ranks in top 3% of all H-E-B locations in terms of visitor counts with 3.5 million annual visits (Source: Placer.ai) High Quality Construction on 2.17 Acres – Features easy ingress/egress with ample parking in the front and rear of the center Features Excellent Highway Access and Visibility with Strong Traffic Counts – Directly off Hwy 287 (60,113 VPD) and E Broad Street (29,174 VPD) (Source: CoStar Analytics) Densely Developed Residential Market with Ideal Consumer Demographics – There are over 258,772 residents within a 7-mile radius of the property with an average household income of $134,835 (Source: CBRE Analytics)

FOR SALE DETAILS

PRICE

$5,087,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.17 AC

LAND SF

94,525 SF

ZONING

F1

APN/PARCEL ID

41565622

ASK ABOUT THIS PROPERTY

214-674-8126

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214-674-8126

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