Technical
Financial
Distress signals
Property profile

2910 Rio Grande Blvd Euless, TX 76039

OFF-MARKET
Retail properties & Spaces
8,391 SF 1.58 ac lot Built 2023
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 2910 Rio Grande Blvd in Euless, Texas, presents a compelling investment opportunity. The 8,391 square foot building, constructed in 2023, sits on a 1.58-acre lot and boasts 100% occupancy with a strong tenant mix of Piada and Kura Sushi. The property benefits from a 6.25% cap rate and a substantial net operating income (NOI) of $408,113, reflecting a recent price reduction to $6,529,808. Situated within the thriving 194-acre Glade Parks mixed-use development, this outparcel building enjoys exceptional visibility and access. The location is strategically positioned across Rio Grande Blvd from a top-performing Target store, attracting over 2.2 million visitors annually. Glade Parks itself is a high-traffic destination, ranking in the top 2% nationally and in Texas, with over 6.4 million annual visitors. The surrounding area features a dense population exceeding 100,000 within a 3-mile radius, exhibiting average household incomes surpassing $145,000. This property's prime location, strong tenant occupancy, and impressive financial performance make it an ideal addition to any investment portfolio. The property is zoned for Planned Development and consists of a single, one-story building.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 8,391 SF
Lot 1.58 ac (68,825 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2910 Rio Grande Blvd Euless, TX 76039
Euless metro
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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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