6-Unit Retail
New
For Sale
Contact for pricing
801 S Main St, Keller, TX 76248
The center is fully occupied, with parking available for customers and tenants.
Property Size13,380 SF
Price / SF$328.05
Days on Market5
Property Features for 801 S Main St
General Information
Standard status
Active
Size
13,380 SF
Property subtype
RETAIL
Occupancy
100%
Additional Details
Tenant in Place
Yes
Building Details
Year Built
2005
Buildings
1
Tenancy
Multi
Listing Agency:
CREST Commercial Real Estate, Inc.
(214) 696-6677
Listed By:
Cody Johnson
(682) 203-6248
Source:
Moodyscre
Added: Oct 28
Changed: Oct 31
Last Checked: Nov 1 at 7:35AM
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 CREST Commercial Real Estate, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 13,380-square-foot retail center contains six units and was built in 2005. All units are occupied, and parking is available for customers and tenants.
The property is at 801 S Main St in Keller, Texas.
The property is at 801 S Main St in Keller, Texas.
Key Highlights
- 13,380‑square‑foot retail center with 6 units
- 100% occupancy
- Built in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$222,087
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,441,740
$4.4M
Cap Rate 7%
$3,172,671
$3.2M
Cap Rate 9%
$2,467,633
$2.5M
Market Conditions
NOI Build-Up for 13,380 SF
Gross rent
$334.0K $24.96/SF
− Vacancy
−$16.7K −$1.25/SF
EGI
$317.3K $23.71/SF
− OpEx
−$95.2K −$7.11/SF
NOI
$222.1K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,441,740
Cap Rate 7%
$3,172,671
Cap Rate 9%
$2,467,633
Alternative Uses
Best Use
Retail
$3.17M
$2.78M – $3.70M
NOI $222,087 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.71M
$4.12M – $5.49M
NOI $329,469 @ 7.0% cap · market cap 7.51%
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
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 44%
Apparel 7%
QuikTrip
Shops & Services
29,316 visits/mo
0.2 miles
Spring Creek Barbeque
Dining
8,296 visits/mo
0.3 miles
Mexican Inn
Dining
7,290 visits/mo
0.3 miles
Arby's
Dining
5,657 visits/mo
0.5 miles
Exxon
Shops & Services
5,572 visits/mo
0.4 miles
Demographics for 76248, TX
40,894
Population
14,749
Households
2.8
Avg Household Size
42
Median Age
60%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
2,588
Density / Sq Mi
$169,391
Median Household Income
$77,224
Median Earnings
$1,979
Median Rent
$545,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - The center is fully occupied, with parking available for customers and tenants.
Where is this strip mall located?
The property is located at 801 S Main St Keller, TX.
What is the asking price?
The asking price for this property is $4,389,300.
What are key features of this property?
This property features: 13,380‑square‑foot retail center with 6 units; 100% occupancy; Built in 2005
