2910 Rio Grande Blvd Euless, TX 76039
- Retail properties
- 8,391 SF
- 1.58 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2910 Rio Grande Blvd
- Year built
- 2023
- Lot size
- 1.58 lot acres
- Property size
- 8,391 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Euless
- County
- Tarrant
- State
- Texas
- Longitude
- -97.1021
- Latitude
- 32.879
