6039 Precinct Line Rd North Richland Hills, TX 76180
Fully occupied retail strip center with strong leasing momentum.
Property size:
69,193 SFLot size:
3.09 AcresProperty Features for 6039 Precinct Line Rd
General Information
- Size
- 69,193 SF
- Lot size
- 3.09 Acres
Source:
Moodyscre
Listing Agent: Zeb Ripple
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Strip Center For Sale
The Crossing is a fully occupied strip center, shadow co-anchored by Kroger and Kohl’s. The property has benefited from excellent recent leasing momentum, with four new tenant leases, including a new 10-year lease from Daiso. Daiso’s new 10-year lease encumbers four previous units, combined into a new single junior anchor space, bringing credit and stability to the rent roll. In addition to the positive new leasing momentum, current ownership has recently signed five renewals or early extensions, including a 10-year extension from Old World Salon. The Crossing is situated at the confluence of Grapevine Highway (22,305 VPD) and Precinct Line Road (30,349 VPD), two major retail corridors through North Richland Hills. North Richland Hills is one of the largest suburbs in Tarrant County, with a strong residential base and a well-developed commercial corridor, driving consistent consumer activity. The property benefits from demographics with more than 273,000 people in a 5-mile radius with average household incomes over $111,000. The property size is 69193 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Strip malls
Location Insight
- Map
- Local Demand
- City
- North Richland Hills
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1874354
- Latitude
- 32.8559193
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Fully occupied retail strip center with strong leasing momentum.
Where is this strip mall located?
The property is located at 6039 Precinct Line Rd North Richland Hills, TX.
What is the asking price?
The asking price for this property is $19,085,000.
What are key features of this property?
This property features: - 100% occupied strip center shadow co-anchored by Kroger and Kohl’s.; - New 10-year lease from Daiso, a junior anchor, adding credit and stability.; - Located at the intersection of Grapevine Highway (22,305 VPD) and Precinct Line Road (30,349 VPD).