8841 N Hwy 171 Godley, TX 76044
Modern neighborhood retail center on State Highway 171, built 2014–2022 and fully occupied.
- Added:
- Jul 7, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 9 at 3:14 am
Property Features for 8841 N Hwy 171
General Information
- Standard status
- Active
- Size
- 8,150 SF
- Lot size
- 0.78 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2022
Listing office Summit Real Estate (469) 844-8883
Listing date Jul 7, 2026
Source Crexi
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 Summit Real Estate
Investment Insights
Based on property information with market context.
Located on Godley’s main thoroughfare, the center benefits from visibility and accessibility along State Highway 171, identified as one of Godley’s most heavily traveled retail corridors. The surrounding area includes major master-planned and residential developments such as Godley Ranch, Star Ranch, Hadley Farms, and Fox Hollow. Demographic highlights provided for the area include average household incomes above $122,000 within one mile and 286% population growth since 2020.
Key Highlights
- Neighborhood retail center built 2014–2022 and 100% occupied
- 8,150 SF gross leasable area on 0.78 acres
- Located on State Highway 171 in Godley’s main retail corridor
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $203.4k | $24.96 |
| − Vacancy | −$10.2k | −$1.25 |
| EGI | $193.3k | $23.71 |
| − OpEx | −$58.0k | −$7.11 |
| NOI | $135.3k | $16.60 |
