214-929-9013
8725 Davis Blvd, Keller, TX for Sale
Office - FOR SALE
1/4
null | 6.5% Cap Rate

8725 Davis Blvd
Keller, TX 76248


OVERVIEW

CALL FOR PRICING - Four Luxury Salon & Spa Suite is DFW Market - Keller, McKinney, Fort Worth and Lewisville The “Salon Suite” Concept has revolutionized the way the salon industry operates over the last several years. The open floor plan with communal space under the direction of the salon owner has become obsolete. The salon suite concept has gained recognition across the country as a superior venue choice for beauty professionals. The luxury salon and spa portfolio was built specifically for the needs of the professionals to enhance the quality of experience for their clients. 1. Recession resistant business 2. Short term leases (one year or less) allows dynamic repricing 3. Exceptionally low turnover rate (75%+ renewal rate) 4. Currently in-place rents below market rental rates 5. Multi-tenant base reduces vacancy/business risk of single tenant lease 6. Tenants pay weekly in advance (98% via ACH) 7. Occupancy has never fallen below 96% in 10 years+ operating history 8. Building Size: 11,400sf, two story free standing properties 9. 40 suites in each building comprised primarily of single suites with a few doubles, one triple and one 5 person suite

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Real Estate Luxury Salon & Spa Suites in DFW

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

-

APN/PARCEL ID

41523423

ASK ABOUT THIS PROPERTY

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214-929-9013

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214-929-9013

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