1270 Fm 148, Terrell, TX 75160
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.
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Texas Tiny Teeth Pediatric Dentistry Terrell Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.