For Sale
$2,070,000

2501 Main St Euless, TX 76039

High-Yield Shopping Center, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
128
Bear Creek Center, located at 2501 N Main St, Euless, Texas 76039, presents a compelling investment opportunity. This stabilized shopping center boasts 16,633 square feet across two single-story buildings situated on a 1.39-acre lot in Tarrant County. Built in 1984, the property currently enjoys 100% occupancy with eight units, generating a substantial net operating income (NOI) of $121,380, representing a 6.00% capitalization rate. The asking price is $2,070,000, translating to $124.45 per square foot. The property benefits from a triple-net (NNN) lease structure, minimizing landlord responsibilities. A key feature is its gas station anchor tenant, providing strong stability and consistent income. Its strategic location within a densely populated residential area ensures high foot traffic and consistent customer base. Furthermore, the property received a new roof in 2021, minimizing immediate capital expenditure needs. This turnkey investment offers a rare opportunity to acquire a well-maintained, high-performing retail asset in a prime location. The property's strong financials and desirable location make it an attractive addition to any portfolio.

Highlights

  • Gas station-anchored strip center with 100% occupancy.
  • Prime location within a high-density residential area.
  • New roof installed in 2021.

Property Details for 2501 Main St

Property type
Lifestyle centers, Power centers
Square Feet
16,633 SF
Year Built
1984
Buildings
2
Stories
1
Lot Size (sq. ft)
60,548 SF
Units
8

Location Insight

City
Euless
County
Tarrant
State
Texas
Latitude
32.8729723
Longitude
-97.0835033
2501 Main St, Euless, Texas

FAQs

What type of property is this?
Lifestyle center - High-Yield Shopping Center, 100% Occupied
Where is the lifestyle center located?
The property is located at 2501 Main St Euless, TX.
What is the asking price?
The asking price for this property is $2,070,000.
What are key features of this property?
This property features: Gas station-anchored strip center with 100% occupancy.; Prime location within a high-density residential area.; New roof installed in 2021.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2501 Main St
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