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    2401 State Highway 121 Euless, TX 76039

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    2401 State Highway 121 Euless, TX 76039


    • Strip malls
    • 11,696 SF
    • 1.70 lot acres
    New Retail Center in Euless For Lease
    $700,000
    1,239 SF

    New Retail Center in Euless

    Newly constructed retail center with national tenants and high foot traffic.

    2401 State Hwy 121, Euless, TX
    View Listing
    Property ID
    US82-1370987
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $700,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sleep Number / Furniture & Home Goods
    • Lovesac / Furniture & Home Goods / Home Decor Store
    • Jersey Mike's Subs / Take-out & Catering / Catering Service

    Property Details for 2401 State Highway 121

    Year built
    2022
    Lot size
    1.70 lot acres
    Property size
    11,696 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    15399R-C-5
    APU
    15399RC5

    Description

    This exceptional Class A retail space, part of the thriving Glade Parks development in Euless, Texas, offers 1,239 square feet of immediately available space in a newly constructed (2022) building totaling 11,696 square feet. Located at 2401 State Highway 121, this shopping center benefits from its prime location within a bustling mixed-use power center. The property boasts excellent visibility and accessibility from the heavily trafficked Highway 121, ensuring high exposure for your business. This location is part of a larger 194-acre development anchored by major national retailers including Eos Fitness, Burlington, Dave & Buster's, Cinepolis, Belk, Dick's Sporting Goods, and Super Target, guaranteeing a substantial customer base. The center already features established national tenants such as Salata, Jersey Mike's Subs, and Sleep Number, creating a synergistic and attractive retail environment. Annual foot traffic exceeds 6 million visits, demonstrating the significant potential for customer engagement. To further enhance the appeal, a tenant improvement allowance of up to $60,000 is available to customize the space to your specific needs. The space is delivered in shell condition, providing flexibility for tenant build-out. The asking rent is $43 per square foot, plus estimated NNN expenses of $14.10 per square foot. This presents a unique opportunity to establish your business in a high-traffic, high-visibility location within a thriving retail community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $495,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $906,000
      Market price range: $437k - $906k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $650,000
      Current use
      RESTAURANT
      $1,145,000
      Change: +76% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,095,000
      Change: +68% Conversion: Difficult
      OFFICE BUILDING
      $1,060,000
      Change: +63% Conversion: Moderate
      MEDICAL BUILDING
      $960,000
      Change: +48% Conversion: Difficult
      RETAIL STORES
      $550,000
      Change: -15% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Euless
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1019
    Latitude
    32.8716
    CBSA code
    19100
    CBSA name
    DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $85,622
    $1,484,220
    $6,015,780
    $7,500,000
    -
    $1,484,220
    $6,015,780
    $7,500,000
    View Listing
    More about this property
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