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    8517 Davis Blvd North Richland Hills, TX 76182

    For Sale
    $2,500,000

    Texas QSR Investment: Strong ROI

    Property size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional investment opportunity presents a 2,800 square foot Smoothie Factory Cafe in North Richland Hills, Texas. Located on Davis Boulevard, a high-traffic area (over 23,700 vehicles per day), this property benefits from its prime position within a thriving retail center anchored by major brands such as Walmart, Target, ALDI, Chick-fil-A, LA Fitness, and McDonald's. The property sits on a 0.91-acre lot (APN: 613-1-3R2) and is offered as a fee-simple, net-lease investment with a 15-year lease commencing September 1, 2023, and expiring August 31, 2038. The lease includes 10% rental increases, providing significant long-term passive income with zero landlord responsibilities. The asking price is $2,500,000, representing a price per square foot of $892.86 and a 5.00% cap rate with a net operating income (NOI) of $125,000. This newly remodeled (2023) flagship location for Smoothie Factory, a rapidly expanding brand with 20+ stores, is situated in a highly desirable and affluent suburb of the Dallas-Fort Worth metroplex, boasting strong demographics and significant commercial growth. The property represents a rare opportunity to acquire a corporate-guaranteed asset in this robust market, offering a compelling combination of strong tenant, location, and lease terms. The high household income ($244,970) in the area further underscores the investment potential.

    Property Features for 8517 Davis Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    2,800 SF
    Lot Size
    39,640 SF

    HighLights

    • Brand new 15‑year corporate NNN lease with Smoothie Factory (20+ stores, growing); fee simple ownership.
    • Prominent location on a major retail thoroughfare, surrounded by Walmart, Target, ALDI, and Kroger.
    • North Richland Hills, a Dallas‑Fort Worth suburb with significant commercial growth.
    • New flagship café prototype for Smoothie Factory; strong growth sector for quick‑service restaurants (QSR).
    • 2023 remodel; zero landlord responsibilities; strong corporate guarantor (Brix Holdings LLC).
    • Rare Dallas MSA asset; below‑market rent; strong demographics ($244,970 average household income).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Richland Hills
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1928301
    Latitude
    32.9078389

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    FAQs

    What type of property is this?
    Restaurant - Texas QSR Investment: Strong ROI
    Where is this restaurant located?
    The property is located at 8517 Davis Blvd North Richland Hills, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Brand new 15-year corporate NNN lease with Smoothie Factory (20+ stores, growing); fee simple ownership.; Prominent location on a major retail thoroughfare, surrounded by Walmart, Target, ALDI, and Kroger.; North Richland Hills, a Dallas-Fort Worth suburb with significant commercial growth.
    Request Owner's contact information
    8517 Davis Blvd North Richland Hills, TX 76182
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8517 Davis Blvd North Richland Hills, TX 76182
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