9143 Grapevine Hwy, North Richland Hills, TX 76180
14,268 SF | 100% Leased | Retail Building | North Richland Hills, TX 76180 | $4,903,000 ($344/SF) | 6.75% Cap Rate
For Sale
Active
Asking Price $4,903,000
- Property Type
-
Retail
- Square Feet
- 14,268 SF
- Price / Square Foot
- $344
Listing Contacts
Zeb Ripple
Chris Kostanecki
Jack Navarra
Trevor Morse
Property Overview
A multi-tenant outparcel to a high performing Kroger and Kohl’s anchored center located in an affluent submarket of the Dallas-Fort Worth Metroplex. The strip center is anchored by McAlister’s Deli and Red Hot & Blue, with an average occupancy at the center of 20 years.
Property Details
- Class
- C
- Year Built
- 2000
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 91,040 SF
Highlights
- Multi-tenant outparcel to a high performing Kroger and Kohl’s anchored center
- 100% occupied strip center in highly affluent trade area with average household incomes of $115,210 in a 1-mile radius
- The subject property is being sold on in-place income, rewarding an investor with the opportunity to boost returns through full lease up
- Highly visible out-parcel to Kroger and Kohl’s anchored shopping center. The shopping center is under new ownership and has seen recent leasing
- Excellent visibility at the hard corner of Precinct Line Road and Grapevine Highway with combined traffic counts of 53,248 VPD
- High end improvements featuring attractive finishes and outdoor patios
All available spaces
- Space
- 1st Fl-Ste 660
- Size
- 1,543 SF
- Condition
- Partial Build-Out
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