214-252-1031
6300-6316 Rufe Snow Dr, North Richland Hills, TX for Sale
Retail - FOR SALE
1/3
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6300-6316 Rufe Snow Dr
North Richland Hills, TX 76148
Outer N Richland Hill/Haltom City


OVERVIEW

Actionable Upside Potential – 8 tenants expire within 3-years with no options and below market rents. 47% of shop space is occupied by tenants with 10+ years of operating history at the center Existing Rents are Substantially Below Market – North Park Plaza’s average rent is $10.66 PSF which is 54% below average market rent in North Richland Hills at $19.60 PSF (Source: CoStar Analytics) Directly Across from 60,000 SF Albertsons Grocery Store 100% Occupied Center with an Excellent Synergistic Tenant Lineup – Internet resistant food & service tenants that offer high-quality goods & services to the surrounding area Anchored by Planet Fitness on a New 10-Year Lease – Planet Fitness has over 20 million members across 2,700 locations worldwide. The lease is guaranteed by Excel Fitness, a prominent Franchisee who has been recognized as Franchisee of the Year and has over 160 Planet Fitness locations across nine states

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Park Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

265

LAND DETAILS

CROSS STREETS

Watauga Rd

LAND ACRES

5.06 AC

LAND SF

220,414 SF

ZONING

C1,N. Richland Hills

APN/PARCEL ID

40379388

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Jared AubreyCBREMore Info
214-252-1031

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Jared AubreyCBREMore Info
214-252-1031

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