1805 Owen Ct Mansfield, TX 76063

This exceptional 11,944 square foot shopping center in Mansfield, Texas presents a compelling investment opportunity. Built in 2008, the single-story property sits on a 1.72-acre lot and boasts 100% occupancy with four tenants. The property enjoys a strong 7.00% capitalization rate, generating a net operating income (NOI) of $231,033, with an asking price of $3,300,475 ($276.33/sq ft). Located at 1805 Owen Ct, Mansfield, TX 76063, the center benefits from a high-traffic location off Owen Court and FM 1187, seeing over 15,000 vehicles daily and convenient access to HWY 287. The area demonstrates phenomenal demographics, with an average household income significantly above the national average at $117,949. The strong tenant base includes a major anchor tenant whose lease extends to 2027. Situated near national retailers such as Target, Home Depot, Sam's Club, Lowe's, Wendy's, Chili's, and Best Buy, this center benefits from a high-growth trade area with a population nearing 110,000 within a 5-mile radius. The staggered lease turnover provides future upside potential, and there's an opportunity to convert leases to a triple-net (NNN) structure, further enhancing returns. This property offers a rare combination of strong current performance and significant long-term growth potential.