Property profile

1270 Fm 148 Terrell, TX 75160

OFF-MARKET
Lifestyle centers
7,428 SF 0.88 ac lot Built 2022
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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

Current use

Occupant on record · Public records
  • Dental Office

Location

1270 Fm 148 Terrell, TX 75160
Terrell metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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