Property profile

8416 Davis Blvd North Richland Hills, TX 76182

OFF-MARKET
Drive through restaurants
Property ID
US82-1134916
2,571 SF 0.92 ac lot Built 2009
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,571-square-foot Jack in the Box, operating under an absolute NNN lease with a corporate guarantee from a publicly traded company (NASDAQ: JACK). Located in North Richland Hills, Texas, within the Dallas/Fort Worth MSA, this freestanding building sits on a 0.92-acre lot and enjoys excellent visibility and access on Davis Boulevard, boasting traffic counts exceeding 28,910 vehicles per day. The property benefits from its strategic outparcel location to a Walmart Supercenter, ensuring high traffic and customer visibility. The current lease, commencing September 17, 2010, and expiring September 16, 2030, has 6.2 years remaining, with four additional 5-year renewal options. Rent increases are tied to the CPI, with a cap of 8% every five years. The property generates a strong net operating income (NOI) of $161,369, resulting in a compelling 6.50% cap rate. The asking price is $2,483,000, translating to $965.77 per square foot. The location boasts a robust demographic profile, with over 228,686 residents and 240,117 employees within a five-mile radius, and an average household income exceeding $203,266 within a three-mile radius—significantly higher than the national average. Its proximity to DFW International Airport further enhances its appeal. This is a rare opportunity to acquire a stable, high-performing, and strategically located net lease property with significant upside potential.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2009
Total area 2,571 SF
Lot 0.92 ac (39,901 SF)
APN 44954G-1-7R
UPID US82-1134916

Cap rate & NOI

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

Location

8416 Davis Blvd North Richland Hills, TX 76182-8603
North Richland Hills metro Census 113640 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2019
Price N/A
2019
Price N/A
2010
Price N/A
2009
Price N/A
2009
Price N/A
2008
Price N/A

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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