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    OFF-MARKET
    Retail properties & Spaces

    3806-3810 Hwy, Grand Prairie, TX 75052

    16,047 SF 1.86 ac lot Built 2023
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 2023
    Total area 16,047 SF
    Lot 1.86 ac (81,022 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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