Property summary
This exceptional investment opportunity presents a fully leased, 7,428 square foot shopping center in Terrell, Texas. Built in 2022, the property boasts three tenants: Texas Tiny Teeth Pediatric Dentistry & Orthodontics, Lotus Nail Bar, and Supercuts, all operating under long-term NNN leases with attractive rental increases. The center enjoys a prime location at 1270-1278 FM 148, situated as an outparcel to a major power center and surrounded by numerous national retailers and restaurants. Benefiting from a strong tenant mix and significant surrounding development, including a new convention center and hotel, and a large healthcare development site, this property offers investors a compelling combination of high occupancy (100%), strong cash flow (NOI of $313,687, 6.15% cap rate), and significant growth potential within a rapidly expanding market. The asking price is $5,101,000 ($694.45/sq ft). The 0.88-acre lot is zoned for commercial use. The property consists of one single-story building. This is a rare opportunity to acquire a high-performing asset in a thriving Texas market. The Dallas-Fort Worth metroplex, of which Terrell is a part, is experiencing substantial population growth, making this investment particularly attractive for long-term returns.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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