Mansfield Retail Center on
989 N Walnut Creek Dr, Mansfield, TX 76063
New
Two-tenant retail center with long-term leases in Mansfield, Texas.
Type:Shopping Strip
Property size:
59,297 SFLot size:
5.80 AcresPrice / SF:
$131/SF- Added:
- May 18, 2026
- Days on Market:
- 7
- Last Refresh:
- May 18 at 7:38 am
Property Features for 989 N Walnut Creek Dr
General Information
- Standard status
- Active
- Size
- 59,297 SF
- Lot size
- 5.80 Acres
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 1997
Listing agent Philip Levy License #License(s): TX: 0522087 (972) 755-5225
Listing office Marcus & Millichap | Dallas (972) 755-5225
Listing date May 18, 2026
Source Marcusmillichap
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Dallas
HighLights
- Fully stabilized retail center with durable in‑place cash flow.
- Long‑term, triple‑net leases with scheduled rent increases.
- Located on a high‑traffic retail corridor (Highway 287) in Mansfield, Texas.
- Anchored by Urban Air Adventure Park and Goodwill.
- Excellent visibility and frontage with convenient access from North Walnut Creek Drive.
- Adjacent to a Walmart Supercenter, driving significant consumer traffic.
Overview
This fully stabilized, two-tenant retail center is located along the highly trafficked Highway 287 retail corridor in Mansfield, Texas. The property features 59,297 square feet of leasable area on a 5.8-acre lot. The property is leased to Urban Air Adventure Park and Goodwill. The asset benefits from durable in-place cash flow supported by long-term, triple-net lease structures with scheduled contractual rent increases. The center benefits from strong visibility, excellent frontage, and convenient access from North Walnut Creek Drive, one of Mansfield’s primary retail corridors. Positioned adjacent to a Walmart Supercenter, the property draws significant consumer traffic generated by surrounding national and regional retailers, reinforcing the property’s role as a dominant neighborhood retail destination within the trade area.
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- Painted Tree Boutiques - Mansfield — 1551 U.S. 287 Frontage Rd #801, Mansfield, TX 76063
- Coin Cloud Bitcoin ATM — 980 N Walnut Creek Dr, Mansfield, TX 76063
- The Commons At Walnut Creek — US-287, Mansfield, TX 76063
- Mansfield Pointe Shopping Center — 1551 U.S. 287 Frontage Rd, Mansfield, TX 76063
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1348721
- Latitude
- 32.5800681
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Two-tenant retail center with long-term leases in Mansfield, Texas.
Where is this shopping center located?
The property is located at 989 N Walnut Creek Dr Mansfield, TX.
What is the asking price?
The asking price for this property is $7,803,000.
What are key features of this property?
This property features: Fully stabilized retail center with durable in‑place cash flow.; Long‑term, triple‑net leases with scheduled rent increases.; Located on a high‑traffic retail corridor (Highway 287) in Mansfield, Texas.
