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    OFF-MARKET
    Retail properties & Spaces

    2045 Hwy, Grand Prairie, TX 76006

    42,000 SF 3.9 ac lot Built 1985
    Property ID
    Property summary
    AI-generated overview

    This 42,000 square foot, two-story retail and restaurant center in Grand Prairie, Texas, offers multiple tenancy options. Located at 2045 N Hwy 360, the property features 14 suites, with 4,000 square feet currently vacant, divisible into units as small as 4,000 square feet maximum contiguous. Built in 1985 (and renovated the same year), the Class C building boasts concrete wall/brick construction and ample parking (238 spaces) with elevator access. Situated on a 3.9-acre lot in the North Arlington submarket of Tarrant County (zip code 76006), this center benefits from a high-traffic location on Highway 360. The property is zoned for retail use and currently houses a diverse mix of tenants, including medical offices, restaurants, and other retail businesses. The upper floor is adaptable for office or retail use. The building has a 0.25 FAR.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1985
    Total area 42,000 SF
    Lot 3.9 ac (169,884 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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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