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Dollar Tree 5412 Davis Blvd

8,000 SF 4-Star Retail Building North Richland Hills, TX 76180 £1,375,938 (£172/SF) 6.75% Net Initial Yield

Investment Highlights

  • 8,262 SF Retail / Free Standing Building
  • National Credit Single Tenant
  • $120,000 NOI
  • Investment Opportunity
  • 100% Leased
  • Located on SH 26 and Grapevine Hwy with a VPD of 20,000 + per day

Executive Summary

Presenting an outstanding investment opportunity in the thriving North Richland Hills area, this 8,262 SF building boasts modern construction from 2012, catering to the needs of a prospective retail or specialty center investor. Zoned LR (Local Retail) the property offers a versatile space for a range of retail and specialty businesses. With a prime location in North Richland Hills, this property benefits from excellent visibility and accessibility, positioning it as a prime destination for both residents and visitors. Don't miss the chance to capitalize on the potential of this well-constructed, strategically located property.
Contact Lon Lloyd, CCIM for an OM Package!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2013
Price
£1,375,938
Price Per SF
£172
Net Initial Yield
6.75%
NOI
£92,894
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Land Acres
1.23 AC
Zoning
LR - Local Retail
Parking
36 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
159 ft on Davis Blvd

Amenities

  • Dedicated Turn Lane

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05634482
Land Assessment
£241,053
Improvements Assessment
£987,394
Total Assessment
£1,228,447
  • Listing ID: 32333234

  • Date on Market: 03/07/2024

  • Last Updated:

  • Address: 5412 Davis Blvd, North Richland Hills, TX 76180

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