3806-3810 Hwy Grand Prairie, TX 75052
- Retail properties
- 16,047 SF
- 1.86 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3806-3810 Hwy
- Year built
- 2023
- Lot size
- 1.86 lot acres
- Property size
- 16,047 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Prairie
- County
- Dallas
- State
- Texas
- Longitude
- -97.0283
- Latitude
- 32.6794
