242 Rufe Snow Dr - Freestanding FOR SALE


Keller, TX 76248- Downtown Keller
$5,644,000 USD
214-960-2835
242 Rufe Snow Dr, Keller, TX for Sale
$5,644,000 USD
Freestanding - FOR SALE
1/8
null | 6.2% Cap Rate

242 Rufe Snow Dr
Keller, TX 76248
Downtown Keller


HIGHLIGHTS

  • At & Below Market Rents with Comparable Retail Space Leasing in the $35 - $45 PSF NNN Range
  • Average Rent of $28.94 PSF NNN
  • Strong Fundamentals with 1.70-Acre Parcel, Shallow Bay Depth, Average Suite Size of 1,728 SF, Three (3) Patios
  • Parallel Positioning to Rufe Snow Drive (24,600+ Vehicles Per Day), & Multiple Ingress/Egress Points
  • Excess Parking with 80+ Spaces in Addition to Reciprocal Parking Agreement with Moviehouse & Eatery by Cinépolis (300+ Parking Spaces)
  • Adjacent to Major Grocers Kroger & Tom Thumb, in a Primary Retail Corridor with 2.4MM+ SF of Retail GLA in a 2-Mile Radius

OVERVIEW

12,094 SF Neighborhood Retail Center | 2018 Construction | Average Lease Term Expiration June 2031 Located within the Affluent DFW Submarket of Keller, TX | Average Household Income Exceeds $198,100 & $177,400 in a 3- & 5-Mile Radii; 142% Population Growth Since 2000 in a 3-Mile Radius

FOR SALE DETAILS

PRICE

$5,644,000 USD

PRICE/SF

$465 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rufe Snow Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

TC

APN/PARCEL ID

41681703

ASK ABOUT THIS PROPERTY

Tim AxilrodSHOP CompaniesMore Info
214-960-2835

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Tim AxilrodSHOP CompaniesMore Info
214-960-2835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.