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5060-5064 Davis Blvd 7,700 SF 100% Leased Retail Building North Richland Hills, TX 76180 $2,074,163 CAD ($269.37 CAD/SF) 5.62% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied - 2 Tenants (Medical/Retail)
- Prominent, Lighted Intersection
- Easy Access to Major Thoroughfares - Hwy. 183, Hwy. 121, Loop 820 & Hwy. 26
- Davis Blvd. Frontage and Dedicated Center Turn Lane
- Building Exterior and Pole Signage Opportunities
- 40,000 VHPD, Close to 820, 83, Hwy 26
EXECUTIVE SUMMARY
Presenting a premier investment opportunity in North Richland Hills, Texas. This fully leased 7,700-square-foot property houses two robust tenants from the medical and retail sectors, making it a turnkey asset . The property also offers easy access to major transportation routes, including Loop 820, Hwy 26, Hwy 183, and Hwy 121, providing seamless connectivity for tenants and customers alike.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,700 SF
Building Class
B
Year Built/Renovated
1973/2022
Price
$2,074,163 CAD
Price Per SF
$269.37 CAD
Cap Rate
5.62%
NOI
$116,542 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.49 AC
Zoning
C-2
Parking
24 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
186’ on Davis Blvd
AMENITIES
- Dedicated Turn Lane
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Honey and Vine
- Services
- 1,750 SF
- $17.52 CAD
- Triple Net
- Sep 2028
- Premier Rehab
- Health Care and Social Assistance
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Honey and Vine | Services | 1,750 SF | $17.52 CAD | Triple Net | Sep 2028 | |
| Premier Rehab | Health Care and Social Assistance | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00548863 | Improvements Assessment | $1,036,982 CAD |
| Land Assessment | $326,167 CAD | Total Assessment | $1,363,148 CAD |
PROPERTY TAXES
Parcel Number
00548863
Land Assessment
$326,167 CAD
Improvements Assessment
$1,036,982 CAD
Total Assessment
$1,363,148 CAD
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5060-5064 Davis Blvd
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