3851 Long Prairie Rd - Storefront Retail/Office FOR SALE


Flower Mound, TX 75028
$6,300,000 USD
940-435-9994
3851 Long Prairie Rd, Flower Mound, TX for Sale
$6,300,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 6.29% Cap Rate

3851 Long Prairie Rd
Flower Mound, TX 75028


HIGHLIGHTS

  • Stabilized 11,024 SF Retail Strip on NNN Leases with Ability to Lease Up Vacant 2nd Story 1,735 SF
  • Average Rent is Only $32/SF | Comparable Shop Space Leasing for $36/SF-$38/SF
  • Value-Add Opportunity Leasing 2nd Floor Suite | Ability to Increase NOI
  • Outstanding Demographics | Over $177,000 Average Household Income in a 1 Mile Radius – Double the National Average

OVERVIEW

3851 Long Prairie Road presents a compelling investment opportunity to acquire a stabilized, income-producing retail and office property in a proven suburban market. The two-story ±12,759 square foot building is well configured for medical and professional service users and benefits from a history of stable, serviceoriented tenancy. The asset offers efficient layouts, on-site parking, and durable construction that supports long-term operations and tenant retention. With established occupancy and functional design, the property is positioned to deliver reliable cash flow and attractive long-term investment performance.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$571 USD /SF

CAP RATE

6.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northwest Plaza V

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

PD66

APN/PARCEL ID

R288379

ASK ABOUT THIS PROPERTY

Bryson HudgensSVN VERUS CommercialMore Info
940-435-9994

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Bryson HudgensSVN VERUS CommercialMore Info
940-435-9994

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