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110 S US Highway 287 9,858 SF 100% Leased Retail Building Mansfield, TX 76063 $7,093,822 CAD ($719.60 CAD/SF) 6.25% Cap Rate
Executive Summary
100% Occupancy with Long-Term Triple Net Leases – Allows an investor to have limited landlord responsibilities and ease of management
Directly Across from 8th Most Visited H-E-B – Ranks in top 3% of all H-E-B locations in terms of visitor counts with 3.5 million annual visits (Source: Placer.ai)
High Quality Construction on 2.17 Acres – Features easy ingress/egress with ample parking in the front and rear of the center
Features Excellent Highway Access and Visibility with Strong Traffic Counts – Directly off Hwy 287 (60,113 VPD) and E Broad Street (29,174 VPD) (Source: CoStar Analytics)
Densely Developed Residential Market with Ideal Consumer Demographics – There are over 258,772 residents within a 7-mile radius of the property with an average household income of $134,835 (Source: CBRE Analytics)
Directly Across from 8th Most Visited H-E-B – Ranks in top 3% of all H-E-B locations in terms of visitor counts with 3.5 million annual visits (Source: Placer.ai)
High Quality Construction on 2.17 Acres – Features easy ingress/egress with ample parking in the front and rear of the center
Features Excellent Highway Access and Visibility with Strong Traffic Counts – Directly off Hwy 287 (60,113 VPD) and E Broad Street (29,174 VPD) (Source: CoStar Analytics)
Densely Developed Residential Market with Ideal Consumer Demographics – There are over 258,772 residents within a 7-mile radius of the property with an average household income of $134,835 (Source: CBRE Analytics)
Property Facts
Sale Type
Investment
Property Type
Building Size
9,858 SF
Building Class
B
Year Built
2019
Price
$7,093,822 CAD
Price Per SF
$719.60 CAD
Cap Rate
6.25%
NOI
$443,321 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
2.17 AC
Zoning
F1 - Zoning is C-2 according to City of Mansfield
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 41565622 | Improvements Assessment | $3,849,209 CAD |
| Land Assessment | $708,812 CAD | Total Assessment | $4,558,021 CAD |
Property Taxes
Parcel Number
41565622
Land Assessment
$708,812 CAD
Improvements Assessment
$3,849,209 CAD
Total Assessment
$4,558,021 CAD
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110 S US Highway 287
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