5615 Rufe Snow DrNorth Richland Hills, TX 76180

For Sale
$1,800,000
High-yield NNN lease, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a single-tenant, 8,588 square foot Class B office building situated on a 0.91-acre lot in North Richland Hills, Texas. The property, located at 5615 Rufe Snow Dr, 76180, boasts a desirable I-2 zoning and benefits from high traffic visibility along a bustling retail corridor. Built in 1993 and renovated in 2020, this fully occupied asset offers a secure income stream with a strong tenant base. The property features a triple net (NNN) lease structure, minimizing landlord responsibilities. With an asking price of $1,800,000, the property offers a compelling 6.67% cap rate and a price per square foot of $209.59. The building is a single-story structure and is less than a mile from Highway 820, providing excellent access and visibility. This is an ideal investment for those seeking a reliable and lucrative addition to their portfolio. A detailed 10-year investment analysis is available upon request. The Tarrant County property (APN: 06660770) is categorized as both Creative and Traditional Office space.

Highlights

  • 100% Occupied single-tenant office building.
  • High-traffic location on a bustling retail corridor.
  • Less than one mile from Highway 820.

Property Details for 5615 Rufe Snow Dr

Property type
Office properties, Office space
Square Feet
8,588 SF
Class
B
Year Built/Renovated
1993/2020
Buildings
1
Stories
1
Lot Size (sq. ft)
39,640 SF
Units
1

Location Insight

City
North Richland Hills
County
Tarrant
State
Texas
Latitude
32.848261257286
Longitude
-97.239039933756
5615 Rufe Snow Dr, North Richland Hills, Texas

FAQs

What type of property is this?
Office property - High-yield NNN lease, 100% occupied.
Where is the office property located?
The property is located at 5615 Rufe Snow Dr North Richland Hills, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 100% Occupied single-tenant office building.; High-traffic location on a bustling retail corridor.; Less than one mile from Highway 820.
How can I contact the broker?
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5615 Rufe Snow Dr
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