8633 Davis Boulevard - NRH Shopping Center
100% Stabilized Shopping Center - National Credit Tenants
Marketing description
The North Richland Strip Center is a fully leased, multi-tenant retail property located at 8633 Davis Boulevard. The building comprises four tenants—Einstein Bros Bagels, Five Guys, Pet Evolution, and Crispy Cones—occupying high-quality, modern spaces. Each tenant has invested significantly in their suites, underscoring strong commitment and long-term stability.
The property benefits from a highly trafficked corridor, robust residential growth, and proximity to major national retailers, creating a sustainable retail ecosystem. Thoughtful design, efficient mechanical systems, and quality construction ensure reliable operations while minimizing near-term capital needs. The center provides investors with stable cash flow, long-term lease security, and exposure to one of North Texas’ fastest growing retail trade areas.
Investment highlights
Newly Constructed ±8,620 SF Multi-Tenant Retail Center Located on High-Growth Davis Boulevard Corridor in North Richland Hills, TX
- Fully Leased Investment Featuring Four Tenants Across Quick-Service Dining, Pet Services, Dessert, and Personal Care Sectors
- Attractive In-Place NOI of Approximately $356,684
- Long-Term Lease Structure with Lease Expirations Extending Through 2034 and 2035
- Modern Construction and Premium Exterior Finishes Reduce Near-Term Capital Expenditure Requirements
- Positioned on Approximately 0.98 Acres with Ample Parking and Convenient Customer Accessibility
- Surrounded by Rapidly Growing Residential Communities, Supporting Strong Retail Demand
- Immediate Proximity to Major Retailers Including Costco, H-E-B, Walmart, CVS, Walgreens, and Bank of America
- Strong Local Demographics with Average Household Income Above $246,000 Within One Mile
- Flexible Tenant Mix of Service-Oriented and Experiential Businesses Less Susceptible to E-Commerce Disruption
- Excellent Visibility, Frontage, and Access Along One of North Texas’ Most Active Retail Corridors
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