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Fully Leased Retail Strip Center
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8053 Grapevine Hwy, North Richland Hills, TX 76180

Fully leased retail strip center in North Richland Hills, TX.

Property Size15,785 SF
Price / SF$170.20
Days on Market1252

Property Features for 8053 Grapevine Hwy

General Information

Standard status Active
Size 15,785 SF
Total Parking Spaces 67
Property subtype Retail
Zoning F-1
Occupancy 100%
Lease Type Gross
Net Operating Income $201,497

Building Details

Year Built 1984
Buildings 1
Stories 1
Units 11
Tenancy Multi
Listing Agency: Structure Commercial
Listed By: Troy Morgan, CCIM · License #TX 543987
Source: Crexi
Added: Apr 5, 2023 Changed: Aug 16 Last Checked: Sep 5 at 8:14PM

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 Structure Commercial

Investment Insights

Based on property information with market context.

Central Plaza Shopping Center is a fully leased, 15,785 square foot retail strip center located on Grapevine Highway in North Richland Hills, Texas. This property offers a value-add investment opportunity with 100% occupancy featuring small shop tenants. The property has 194 feet of frontage just south of a signalized intersection. Located in a dense trade area with 264,188 residents within a 5-mile radius, Central Plaza offers strong leasing demand and high-visibility retail space in a thriving commercial corridor. The flexible property layout and city-supported revitalization initiatives make this an ideal investment for long-term appreciation and rent growth.

Key Highlights

  • Fully leased 15,785 SF retail strip center
  • Located on Grapevine Hwy in North Richland Hills, TX
  • 100% occupancy with small shop tenants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Cafe & Coffee Shop Skin Care Clinic Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

731
Businesses Nearby
Balanced
Demand for This Use

Demographics for 76180, TX

37,087
Population
16,138
Households
2.3
Avg Household Size
37
Median Age
33%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
3,988
Density / Sq Mi
$78,688
Median Household Income
$42,984
Median Earnings
$1,553
Median Rent
$286,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail strip center in North Richland Hills, TX.
Where is this shopping center located?
The property is located at 8053 Grapevine Hwy North Richland Hills, TX.
What is the asking price?
The asking price for this property is $2,686,620.
What are key features of this property?
This property features: Fully leased 15,785 SF retail strip center; Located on Grapevine Hwy in North Richland Hills, TX; 100% occupancy with small shop tenants
(817) 714-8395 Call to check price and availability
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