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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33424231
33424232

8245 PRECINCT LINE RD, NORTH RICHLAND HILLS, TX 76182-8672

MA
TX 609364
CBRE Dallas Park Lane
JA
TX 586069
CBRE Dallas Park Lane
Listed by CBRE Dallas Park Lane
Unpriced
5 days on market
Updated 5 days ago

Precinct Village

Details
Property Type Retail
Square Footage 32,074
Units 12
NOI $708,181
Occupancy 100%
Remaining Term 4
Year Built 2003
Buildings 1
Acreage 3.010
Ground Lease No

JUST LISTED: Precinct Village | Average Rent PSF - $21.24 | 32,074 SF | North Richland Hills, TX

Marketing description

Stable Cash Flow – The property is 100% occupied, providing immediate and predictable cash flow

Mark-to-Market Growth – Precinct Village features a 4.03-year weighted average lease term remaining, with 5 tenants subject to FMV renewal options and 6 tenants with no remaining options, allowing ownership to drive rental rate growth over time while maintaining stabilized income

Shadow-Anchored by Walmart Supercenter Boasting 1.8 Million Annual Visits and Target Superstore Boasting 1.2 Million Annual Visits (Source: Placer.ai)

NNN Expense Structure – Provides full reimbursement of operating expenses, enhancing NOI durability and minimizing ownership risk

Attractive Tenant Diversification – Complementary mix of experiential, service, and daily needs tenants supports steady traffic generation and enhances long term income durability

Listing Contacts

MA
TX 609364
CBRE Dallas Park Lane
JA
TX 586069
CBRE Dallas Park Lane
Listed by CBRE Dallas Park Lane

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$708,181.00
$59,015.08/mo

Valuation Metrics

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