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28753474
28753476

2411 E Broad St, Mansfield, TX 76063

PL
TX TX 522087
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas
$5,353,000
182 days on market
Updated 78 days ago

The Rerserve Mansfield - Lot 2

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 7,009
Net Rentable (SqFt) 7,009
Units 3
Cap Rate 6.1%
NOI $326,543
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $764
Year Built 2025
Buildings 1
Acreage 1.027

100% Leased, Three-Tenant Retail Strip : 2025 Construction : All Leases on New 10-Year Terms

Marketing description

The Reserve Mansfield - Lot 2 is a newly constructed 7,009-square-foot, multi-tenant retail center situated on a ±1.027-acre parcel in the growing suburb of Mansfield, Texas. Completed in 2025, the property features three fully leased suites occupied by Beans & Brews, Grain & Berry, and Rotolo's Pizzeria, each secured on new 10-year, triple-net leases with scheduled rental escalations. Designed with modern architecture and efficient layouts, the building offers excellent frontage along East Broad Street—a primary retail corridor with high vehicular traffic and visibility.

The Reserve Mansfield - Lot 2 is a newly constructed 7,009-square-foot, multi-tenant retail center situated on a ±1.027-acre parcel in the growing suburb of Mansfield, Texas. Completed in 2025, the property features three fully leased suites occupied by Beans & Brews, Grain & Berry, and Rotolo's Pizzeria, each secured on new 10-year, triple-net leases with scheduled rental escalations. Designed with modern architecture and efficient layouts, the building offers excellent frontage along East Broad Street—a primary retail corridor with high vehicular traffic and visibility.

Investment highlights

  • 100% Leased, New 2025 Construction | All Leases On New 10-Year Terms

    • The Reserve Mansfield - Lot 2 is a new retail development delivered in 2025 with high-quality construction and modern tenant buildouts.

  • Triple-Net Lease Structure With Escalations

    • All tenants operate under NNN leases, minimizing landlord obligations. Each lease includes scheduled rent increases, supporting consistent year-over-year income growth.

  • Strategic Location In DFW Growth Corridor

    • Located along East Broad Street near the signalized intersection with Matlock Road, the asset benefits from strong visibility, high daily traffic counts, and direct proximity to Methodist Mansfield Medical Center. The surrounding area continues to experience significant residential and commercial development, such as the adjacent Brentwood at the Reserve mulit-family complex.

  • Directly Across From New The Canals At Mansfield Mixed-Use Development

    • The Canals at Mansfield is currently in development with phased openings planned for 2027. Located on East Broad Street near the Methodist Mansfield Medical Center, the project will feature a half-mile canal loop, a six-acre lake, residential spaces, a hotel, retail, and entertainment areas, anchored by a new city hall.

  • ADJACENT TO THE RESERVE MANSFIELD - LOT 3 | MAY BE PURCHASED TOGETHER OR SEPARATELY

    • The adjacent pad site is 100 percent leased and is available for additional purchase. Inquire with agent for details.

Listing Contacts

PL
TX TX 522087
Marcus & Millichap - Dallas
Listed by Marcus & Millichap - Dallas

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$326,543.00
$27,211.92/mo

Valuation Metrics

0
DSCR
6.1%
Cap Rate
6.1%
ROI

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Additional Information

Name
Philip Levy
License
TX 522087
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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