8800 Mid Cities BlvdNorth Richland Hills, TX 76182

Property Details for 8800 Mid Cities Blvd

Year built

2023

Lot size

4.30 AC

Property type

Drive through restaurants

APN

A1055-12G

APU

A105512G

Description

Berry Creek Village - Phase I offers an exceptional retail investment opportunity in Tarrant County. This single-building center comprises 37,000 square feet of street retail space, situated on a generous 6.21-acre lot. The property is currently configured for multiple tenants, with four spaces immediately available. Individual spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 13,000 square feet, providing flexibility for a variety of retail businesses. The property's prominent location within the vibrant Berry Creek Village development ensures high visibility and accessibility for customers. This presents a unique chance to establish or expand a retail presence in a thriving market. The ample lot size offers potential for future expansion or redevelopment, adding further value to this already attractive investment. The existing building provides immediate occupancy, minimizing downtime and maximizing return on investment. Serious inquiries are encouraged to explore this exceptional retail opportunity in a prime Tarrant County location. Contact us today to schedule a viewing and discuss your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $52,196,012

  6.5%

  $48,180,936

  7%

  $44,739,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $54,556,328

  Geo Method

  $124,145,592

• Alternative Use

  Use

  Valuation

  Residential

  $40,642,420

  Hospitality

  $37,228,240

  Educational

  $30,973,458

  Medical

  $32,038,684

  Retail

  $48,180,936

Location Insight

City

North Richland Hills

County

Tarrant

State

Texas

Latitude

32.8625

Longitude

-97.1918

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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