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Multi-Tenant Retail Center
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8509 Davis Blvd, North Richland Hills, TX 76182

Established retail and service tenancy supported by triple-net lease structures in a multi-suite shopping center.

Property Size17,100 SF
Lot Size2.49 Acres
Days on Market143

Property Features for 8509 Davis Blvd

General Information

Standard status Active
Size 17,100 SF
Lot size 2.49 Acres
Property subtype Retail
Occupancy 94%

Building Details

Year Built 2006
Tenancy Multi
Listing Agency: Marcus & Millichap - Dallas
Listed By: Philip Levy · License #TX 522087
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 5:12PM

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

Investment Insights

Based on property information with market context.

Tower Plaza is a multi-tenant shopping center with 17,100 square feet of retail space across multiple suites. The property was constructed in 2006 and occupies a 2.488-acre site. Current occupancy is 94 percent, with triple-net leases in place across the center.

The tenant roster includes FedEx Kinko's, Mink Lash & Salon, Virago Nail Spa, Leslie's Pool Supplies, Jett Pizza, Kuhanas Restaurant, and Verizon Wireless. The range of retail, personal-service, restaurant, shipping, and communications uses creates a diversified operating mix within the center. Tower Plaza is located at 8509 Davis Blvd in North Richland Hills, Texas.

Key Highlights

  • 17,100‑square‑foot multi‑tenant shopping center
  • 94 percent occupied with triple‑net leases
  • Built in 2006 on a 2.488‑acre lot

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Law Firm Auto Parts Store

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

Lease Details

94%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby
425k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 41% Dining 23% Shops & Services 17% Groceries 15%
Walmart Superstores
89,641 visits/mo 0.1 miles
Target Superstores
84,424 visits/mo 0.2 miles
Kroger Groceries
46,370 visits/mo 0.3 miles
Chili's Grill & Bar Dining
15,476 visits/mo 0.1 miles
McDonald's Dining
13,211 visits/mo 0.2 miles

Demographics for 76182, TX

31,117
Population
11,845
Households
2.6
Avg Household Size
43
Median Age
40%
College-Educated
95%
High-School Grad
8.7 sq mi
ZIP Area
3,577
Density / Sq Mi
$119,722
Median Household Income
$60,589
Median Earnings
$1,821
Median Rent
$364,100
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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Frequently Asked Questions

What type of property is this?
Shopping center - Established retail and service tenancy supported by triple-net lease structures in a multi-suite shopping center.
Where is this shopping center located?
The property is located at 8509 Davis Blvd North Richland Hills, TX.
What are key features of this property?
This property features: 17,100‑square‑foot multi‑tenant shopping center; 94 percent occupied with triple‑net leases; Built in 2006 on a 2.488‑acre lot
(972) 755-5225 Call to check price and availability
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