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    OFF-MARKET
    Lifestyle centers

    1270 Fm 148, Terrell, TX 75160

    7,428 SF 0.88 ac lot Built 2022
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Lifestyle centers
    Year built 2022
    Total area 7,428 SF
    Lot 0.88 ac (38,333 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
    Current use
    Occupant on record · Public records
    • Texas Tiny Teeth Pediatric Dentistry Terrell Dental Office
    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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