Grand Prairie Retail Center For
203 N Belt Line Rd, Grand Prairie, TX 75050
For Sale
Contact for pricing
9,100 SF retail center with high-yield, recession-resistant business.
Property Size9,100 SF
Price / SF$412.09
Days on Market274
Property Features for 203 N Belt Line Rd
General Information
Standard status
Size
Class
Property subtype
Zoning
Occupancy
Investment Type
Building Details
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
JC Real Estate Group
Listed By:
Judy Chiang
(214) 535-1715
Source:
Crexi
Added: Feb 10
Changed: Nov 8
Last Checked: Nov 10 at 8:57AM
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 JC Real Estate Group
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Investment Insights
Based on property information with market context.
This 9,100 SF multi-tenant retail center is located on a high-traffic arterial road in Grand Prairie. The property offers immediate cash flow and long-term appreciation in a resilient submarket. It includes a coin-operated laundry business with a loyal customer base. The property is situated on a main thoroughfare with high daily vehicle counts and excellent signage visibility. It is located in a densely populated, diverse neighborhood where laundromat services and local retail are in high demand. The property is suited for an owner user looking to operate the laundry while collecting rent from neighboring units, or an investor seeking to optimize the tenant mix.
Key Highlights
- High‑yield, recession‑resistant business (coin‑operated laundry) included.
- Located on a high‑traffic arterial road with maximum exposure and excellent signage.
- Immediate cash flow from a multi‑tenant retail center.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,297
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,505,940
$2.5M
Cap Rate 7%
$1,789,957
$1.8M
Cap Rate 9%
$1,392,189
$1.4M
Market Conditions
NOI Build-Up for 9,100 SF
Gross rent
$187.8K $20.64/SF
− Vacancy
−$8.8K −$0.97/SF
EGI
$179.0K $19.67/SF
− OpEx
−$53.7K −$5.90/SF
NOI
$125.3K $13.77/SF
Area
Grand Prairie, TX
Vacancy
4.70%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,505,940
Cap Rate 7%
$1,789,957
Cap Rate 9%
$1,392,189
Alternative Uses
Best Use
Retail
$1.79M
$1.57M – $2.09M
NOI $125,297 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.56M
$2.24M – $2.98M
NOI $179,088 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,016
Businesses Nearby
196k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 38%
Groceries 17%
Home Improvements & Furnishings 4%
McDonald's
Dining
39,193 visits/mo
0.2 miles
El Rio Grande
Groceries
33,034 visits/mo
0.4 miles
Dollar Tree
Shops & Services
20,370 visits/mo
0.2 miles
Chase Bank
Shops & Services
14,901 visits/mo
0.1 miles
Jack in the Box
Dining
13,499 visits/mo
0.4 miles
Demographics for 75050, TX
43,531
Population
17,286
Households
2.5
Avg Household Size
33
Median Age
23%
College-Educated
79%
High-School Grad
25.8 sq mi
ZIP Area
1,687
Density / Sq Mi
$70,484
Median Household Income
$39,322
Median Earnings
$1,412
Median Rent
$224,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Shopping centers in Dallas County
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - 9,100 SF retail center with high-yield, recession-resistant business.
Where is this shopping center located?
The property is located at 203 N Belt Line Rd Grand Prairie, TX.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: High‑yield, recession‑resistant business (coin‑operated laundry) included.; Located on a **high‑traffic arterial road with maximum exposure and excellent signage**.; Immediate cash flow from a multi‑tenant retail center.**
