3912-3916 NE 28th St - Storefront FOR SALE


Haltom City, TX 76111- Outer N Richland Hill/Haltom City
$3,315,000 USD
512-338-7822
3912-3916 NE 28th St, Haltom City, TX for Sale
$3,315,000 USD
Storefront - FOR SALE
1/5
null | 8.93% Cap Rate

3912-3916 NE 28th St
Haltom City, TX 76111
Outer N Richland Hill/Haltom City


HIGHLIGHTS

  • 24,000 Square-Foot, Mul-Tenant Retail Center | Anchored by Dollar General and the State of Texas
  • 100% Occupied | 50% Triple-Net Lease | 50% Gross Lease
  • Priced at $150 | Well Below Cost of Replacement
  • Average Remaining Lease Term of Five Years
  • Situated at a Hard Corner, Signalized Intersection Making it Easily Accessible
  • Excellent, Recently Updated Signage on Both Sides of Building | Ample Amount of Paved Parking Spaces

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a 24,000-square-foot, multi-tenant retail center anchored by Dollar General and the State of Texas located in Haltom City, Texas. The center is 100 percent occupied, consisting of one triple-net and one gross lease. This building was constructed in 1961 and is situated on 2.33 acres of land. The center has excellent, recently updated signage on both sides of the building along with an ample amount of paved parking spaces.

FOR SALE DETAILS

PRICE

$3,315,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

8.93%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,362 SF

ZONING

-

APN/PARCEL ID

01466747

ASK ABOUT THIS PROPERTY

Wes PeacockMarcus & MillichapMore Info
512-338-7822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Wes PeacockMarcus & MillichapMore Info
512-338-7822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.