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    Strip malls

    6455 Hilltop Dr, North Richland Hills, TX 76180

    28,051 SF 2.77 ac lot Built 1985
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US82-1265277
    Property summary
    AI-generated overview

    Hilltop Square Shopping Center, located at the northwest corner of Hilltop Drive and Rufe Snow Drive in North Richland Hills, Tarrant County, offers exceptional retail space. This single-story, Class B shopping center, built in 1985, totals 28,051 square feet and sits on a 2.77-acre lot. Currently, 5,736 square feet of retail space is available, divisible into units ranging from a minimum of 1,037 square feet to a maximum contiguous space of 2,839 square feet. The center features ample parking with 111 spaces, making it convenient for customers and employees. Its prime location within the thriving North Richland Hills submarket makes it an attractive opportunity for both established national retailers and emerging businesses seeking a strong foothold in a densely populated area. The center's multiple tenancy structure provides a diverse shopping experience, attracting a wide range of customers. This property presents a unique chance to establish or expand a retail presence in a well-established and highly visible location. The existing infrastructure and ample parking ensure a smooth and efficient operation. The available space offers flexibility for various retail concepts, catering to the needs of diverse businesses.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1985
    Total area 28,051 SF
    Lot 2.77 ac (120,661 SF)
    APN 41343-3-1
    UPID US82-1265277
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $825k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.42M
    Blend (final) Blend
    $1.12M
    Owner & transaction history
    6455 Hilltop · 2 yrs held
    6455 Hilltop
    since 2023
    2 recorded transactions
    2023
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.8M +51.5%
    Warehouse, storage $1.3M +7.9%
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    More about this property
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