Retail Shopping
For Sale
Contact for pricing
4240 Ridge Road, Heath, TX 75032
Retail property completed in 2018 with an absolute NNN sale-leaseback structure.
Property Size4,526 SF
Price / SF$1,754
Days on Market19
Property Features for 4240 Ridge Road
General Information
Standard status
Active
Size
4,526 SF
Total Parking Spaces
82
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Sale/Leaseback
Net Operating Income
$516,026
Building Details
Year Built
2018
Buildings
1
Tenancy
Single
Listing Agency:
B+E
(646) 701-4536
Listed By:
Tim Hain CPA · License #IL 491.018640
Source:
Crexi
Added: Aug 12
Changed: Aug 29
Last Checked: Aug 29 at 8:29PM
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 B+E
Investment Insights
Based on property information with market context.
This retail shopping center contains 4,526 square feet and was completed in 2018. The property is offered with a 25-year sale-leaseback and an absolute NNN structure.
Located at 4240 Ridge Road in Heath, Texas, the asset provides a defined retail property opportunity within the Dallas-area community.
Located at 4240 Ridge Road in Heath, Texas, the asset provides a defined retail property opportunity within the Dallas-area community.
Key Highlights
- 4,526‑square‑foot retail shopping center
- Completed in 2018
- 25‑year sale‑leaseback structure
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75032, TX
34,590
Population
13,453
Households
2.6
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
719
Density / Sq Mi
$128,465
Median Household Income
$60,480
Median Earnings
$1,918
Median Rent
$462,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail property completed in 2018 with an absolute NNN sale-leaseback structure.
Where is this shopping center located?
The property is located at 4240 Ridge Road Heath, TX.
What is the asking price?
The asking price for this property is $7,938,858.
What are key features of this property?
This property features: 4,526‑square‑foot retail shopping center; Completed in 2018; 25‑year sale‑leaseback structure
