Property summary
This exceptional 16,047-square-foot multi-tenant retail building presents a compelling investment opportunity in Grand Prairie, Texas. Located at 3806-3810 S Highway 161, this Class B storefront property boasts a strong 6.44% capitalization rate and a substantial net operating income (NOI) of $417,153.80. Built in 2023, the property sits on a 1.86-acre lot and is currently 100% occupied, offering immediate cash flow. The asking price is $6,475,000, translating to a price per square foot of $437.54. This prime location offers excellent visibility and accessibility, with direct frontage on Highway 161 (President George Bush Turnpike). The property benefits from its proximity to several large multi-family residential developments, ensuring a consistent customer base. Furthermore, its strategic placement across the street from a newly built Bass Pro Shop, Andretti Kart Racing, and the soon-to-open Top Golf entertainment complex provides significant synergistic advantages and increased foot traffic. The property is offered as a triple net (NNN) lease, minimizing landlord responsibilities. This is a rare opportunity to acquire a high-performing, well-located retail center in a rapidly growing area. The property's strong tenant occupancy, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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