8633 Davis Blvd - Retail FOR SALE


North Richland Hills, TX 76182
$5,826,585 USD
214-378-1212
8633 Davis Blvd, North Richland Hills, TX for Sale
$5,826,585 USD
Retail - FOR SALE
1/3
null | 6.15% Cap Rate

8633 Davis Blvd
North Richland Hills, TX 76182


HIGHLIGHTS

  • New construction
  • 100% leased

OVERVIEW

· Dense, extremely high-income trade area with 76,547 people with average household income of $253,198 in a 3-mile radius · Located at a strong daily needs retail node with Super Target, Walmart Supercenter, Kroger Marketplace, and Aldi · 10-yr leases with corporate credit from Einstein’s and Five Guys · New 2024 construction with limited landlord responsibilities · All leases feature rental increases during the term with Pet Evolution and Einstein’s having 2% annual escalations

FOR SALE DETAILS

PRICE

$5,826,585 USD

PRICE/SF

$676 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Tenant Strip Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,645 SF

ZONING

-

APN/PARCEL ID

42866047

ASK ABOUT THIS PROPERTY

John ZikosVenture Commercial Real EstateMore Info
214-378-1212

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John ZikosVenture Commercial Real EstateMore Info
214-378-1212

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