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Keller Commons 2122 Rufe Snow Dr 29,792 SF 89% Leased Retail Building Keller, TX 76248 For Sale


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Investment Highlights
- 29,792-SF retail center shadow-anchored by Walmart Neighborhood Market, currently 89.4% leased at below-market rents with significant upside.
- Adjacent to one of the Top 5 locations for Walmart Neighborhood Market in the DFW, generating dependable cross-traffic for the center.
- Positioned near national retailers such as Lowe’s, Target, Kroger, Kohl’s, Michael’s, CVS, Chick-fil-A, McDonald’s, Smoothie King, and more.
- Performing mix of internet-resistant and service-oriented tenants that all carry NNN lease agreements for a simplified management process.
- Supported by affluent 3-mile demographics, with over 118,000 residents wielding an average household income of more than $144,000.
- Well-equipped to handle the over 22,000 daily vehicles passing on Rufe Snow Dr, with abundant on-site parking and convenient ingress/egress points.
Executive Summary
NAI CAPITAL COMMERCIAL, INC. AND LEGACY PROPERTY ADVISORS, as the exclusive advisors to Owner, are pleased to present for review the pricing and analysis for Keller Commons in Keller, Texas, a 29,792-square-foot retail center shadow anchored by Walmart Neighborhood Market. The property is currently 89.4% occupied by a performing tenant mix that includes Jeremiah’s Italian Ice, Lupe’s Tex-Mex Grill, CJ’s Salon Suites & Spa, Burn Boot Camp, and Superior Urgent Care. This rare offer delivers stable, in-place rental revenue with significant long-term growth potential, ideal for investors seeking to enter or expand in the DFW.
Keller is known for its high quality of life, top-rated schools, and convenient location within the Dallas-Fort Worth area. Dallas-Fort Worth International (DFW), Dallas Love Field (DAL), and Fort Worth Alliance (FWA) Airports are within convenient proximity. The local business climate makes Keller a strong option for both business expansion and relocation because of its skilled workforce, supportive business environment, and vibrant economy. Looking within just 3 miles of Keller Commons, the area is home to an affluent population of more than 118,000 with an average household income that sits above $144,000. This valuable customer base delivers more than $1.6 billion in annual consumer spending, driving success for local retail establishments.
Looking at the broader Watauga/Keller/NRH Submarket, premium retail spaces are a rarity, with vacancies currently sitting at just 6.2%. This competitive environment has created stable rent growth, with retail rates up 1.9% over the past 12 months and growth averaging 4.3% annually over the past five years. Investors will be able to capitalize on these trends when looking to renew rates or re-tenant the property to capture increased returns.
The Dallas-Fort Worth (DFW) economy is one of the most dynamic in the US, driven by its strong business climate, strong population growth, and economic diversification. The region is the 4th largest market with 8.3 million residents across 13 counties and has consistently ranked among national leaders for population gains. Since 2010, the market has grown 27%. Thanks to the region’s low cost of doing business and highly skilled labor force, companies have relocated or expanded operations across diverse sectors, including energy, real estate, healthcare, and logistics. As a result, 24 Fortune 500 company headquarters are in the region, including Texas Instruments, AT&T, American Airlines, Kimberly-Clark, Toyota, and McKesson.
Keller is known for its high quality of life, top-rated schools, and convenient location within the Dallas-Fort Worth area. Dallas-Fort Worth International (DFW), Dallas Love Field (DAL), and Fort Worth Alliance (FWA) Airports are within convenient proximity. The local business climate makes Keller a strong option for both business expansion and relocation because of its skilled workforce, supportive business environment, and vibrant economy. Looking within just 3 miles of Keller Commons, the area is home to an affluent population of more than 118,000 with an average household income that sits above $144,000. This valuable customer base delivers more than $1.6 billion in annual consumer spending, driving success for local retail establishments.
Looking at the broader Watauga/Keller/NRH Submarket, premium retail spaces are a rarity, with vacancies currently sitting at just 6.2%. This competitive environment has created stable rent growth, with retail rates up 1.9% over the past 12 months and growth averaging 4.3% annually over the past five years. Investors will be able to capitalize on these trends when looking to renew rates or re-tenant the property to capture increased returns.
The Dallas-Fort Worth (DFW) economy is one of the most dynamic in the US, driven by its strong business climate, strong population growth, and economic diversification. The region is the 4th largest market with 8.3 million residents across 13 counties and has consistently ranked among national leaders for population gains. Since 2010, the market has grown 27%. Thanks to the region’s low cost of doing business and highly skilled labor force, companies have relocated or expanded operations across diverse sectors, including energy, real estate, healthcare, and logistics. As a result, 24 Fortune 500 company headquarters are in the region, including Texas Instruments, AT&T, American Airlines, Kimberly-Clark, Toyota, and McKesson.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
29,792 SF
Building Class
B
Year Built
2005
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
4.48 AC
Zoning
GR - Retail
Parking
220 Spaces (7.38 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 124
- 2,303 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 124 | 2,303 SF | Retail | In-Line | Now |
124
| Size |
| 2,303 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
60/100
Demographics
Demographics
1 mile
3 mile
5 mile
15 min drive
2025 Population
14,962
118,633
301,453
427,833
2030 Population
15,593
123,630
316,445
450,083
2025-2030 Projected Population Growth
4.2%
4.2%
5.0%
5.2%
Median Age
40.5
39.4
38.3
38.1
College Degree + Higher
40%
40%
39%
28%
Daytime Employees
2,202
27,945
91,110
149,564
Total Businesses
348
4,463
12,791
20,725
Average Household Income
$149,081
$144,191
$133,530
$129,613
Median Household Income
$124,928
$118,102
$105,959
$100,970
Total Consumer Spending
$211.9M
$1.6B
$4B
$5.6B
2025 Households
5,174
40,869
107,812
152,883
Average Home Value
$441,047
$438,468
$463,275
$458,126
$ values in USD
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Simply Thai | Thai | $$$ | 8 min walk |
| Niki's Italian Bistro | Bistro | $$ | 8 min walk |
| Subway | - | - | 8 min walk |
| Donut Place | Donuts | $ | 8 min walk |
| McDonald's | - | - | 8 min walk |
| New York Pizza | Pizza | $ | 10 min walk |
| Sushi River | Japanese | - | 10 min walk |
| Asian Wok | Asian | $ | 10 min walk |
Retail |
||
|---|---|---|
| Dollar Tree | Dollar/Variety/Thrift | 5 min walk |
| Lowe’s | Home Improvement | 6 min walk |
| Kroger | Supermarket | 7 min walk |
| Pro-Cuts | Salon/Barber/Spa | 8 min walk |
| Sherwin-Williams | Paint/Wallpaper | 8 min walk |
| PNC Bank | Bank | 7 min walk |
| CVS Pharmacy | Drug Store | 10 min walk |
| Allstate Insurance Company | Insurance | 13 min walk |
| Edward Jones | Finance Company | 16 min walk |
Hotels |
|
|---|---|
| Hampton by Hilton |
110 rooms
7 min drive
|
| InTown Suites |
121 rooms
7 min drive
|
| Hyatt Place |
130 rooms
13 min drive
|
| Holiday Inn Express |
125 rooms
12 min drive
|
| Candlewood Suites |
94 rooms
14 min drive
|
| Fairfield Inn |
104 rooms
13 min drive
|
| Best Western Plus |
148 rooms
13 min drive
|
| Extended Stay America Suites |
85 rooms
13 min drive
|
| Quality Inn |
63 rooms
14 min drive
|
| Americas Best Value Inn |
152 rooms
14 min drive
|
Property Taxes
| Parcel Number | 40989402 | Improvements Assessment | $8,600,519 CAD |
| Land Assessment | $2,217,220 CAD | Total Assessment | $10,817,740 CAD |
Property Taxes
Parcel Number
40989402
Land Assessment
$2,217,220 CAD
Improvements Assessment
$8,600,519 CAD
Total Assessment
$10,817,740 CAD
Sale Advisor
Sale Advisor
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Presented by
Thomas Kim
Keller Commons | 2122 Rufe Snow Dr
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