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3806-3810 Hwy Grand Prairie, TX 75052

OFF-MARKET Retail properties & Spaces Google Maps
16,047 SF 1.86 ac lot Built 2023
Estimated value
No estimation on file for this property yet.
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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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