For Sale
$17,006,500
2301 Rio Grande Blvd Euless, TX 76039
High-yield, NNN-leased retail investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 131
Highlights
- Brand new, 86,250 SF shopping center in Euless, TX, 100% occupied by At Home under a 15-year net lease.
- $17,006,500 asking price with an 8.00% cap rate and $1,360,520 NOI.
- 15-year net lease with five 5-year renewal options, 10% rent increases every five years.
- Relocation of a successful, 10-year-old At Home store less than six miles away.
- $1,360,000 security deposit.
- High-traffic location, ranking in the top 2% of shopping centers in Texas and nationally, with approximately 6.4 million annual visitors.
Property Details for 2301 Rio Grande Blvd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 86,250 SF
- Year Built
- 2024
Location Insight
- City
- Euless
- County
- Tarrant
- State
- Texas
- Latitude
- 32.8692583
- Longitude
- -97.1036177
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - High-yield, NNN-leased retail investment.
- Where is the lifestyle center located?
- The property is located at 2301 Rio Grande Blvd Euless, TX.
- What is the asking price?
- The asking price for this property is $17,006,500.
- What are key features of this property?
- This property features: Brand new, 86,250 SF shopping center in Euless, TX, 100% occupied by At Home under a 15-year net lease.; $17,006,500 asking price with an 8.00% cap rate and $1,360,520 NOI.; 15-year net lease with five 5-year renewal options, 10% rent increases every five years.
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