This Retail Property is Off-Market.

Highway 377 & North Tarrant Parkway
Keller, TX 76248 ·

4,000 SF · Retail For Sale

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Sleep Experts

Price N/A Cap Rate 7.26%
Building Size 4,000 SF Tenancy Single
Property Type Retail Year Built 2006
Property Sub-type
Free Standing Bldg
More...
  • Retail (Other)
  • Retail Pad
  • Anchor
Lot Size 0.51 AC
Property Use Type Investment
Listing ID: 14733737 Date Created: 08/03/2006 Last Updated: 04/13/2007

Description

Unique opportunity to purchase prime Dallas/Fort Worth real estate, along with a brand new 10-year NNN lease. Keller is one of the fastest growing cities in the Dallas/Fort Worth metroplex and has developed into a major retail attraction. The subject property fronts North Tarrant Parkway with excellent visibility and accessibility. Sleep Experts is raising the bar on what you should expect from a mattress retailer. Sleep Experts has 22 locations throughout the D/FW metroplex and has helped millions of customers get a better night's rest for over 50 years.

The subject property fronts North Tarrant Parkway at the entrance of a Home Depot/Kohl's shopping center. The site has great visibility from the traffic along North Tarrant Parkway. The property is uniquely positioned to benefit from shoppers and restaurant goers alike since it is located near Buffalo Wild Wings, Sonic, Linen's & Things, and Michaels. Keller has experienced one of the highest sales tax base increases in Dallas/Fort Worth and continues to grow at a rapid pace. It lies in the path of major residential, office, multi-family, and retail expansion.

Highlights

  • Rapidly Growing Area in Keller
  • Surrounding Retailers Include: Albertsons, Home Depot, Kohl's, Buffalo Wild Wings, Michaels
  • 10-Year Absolute Triple Net Lease with Sleep Experts Inc.
  • 6.8 Percent Rental Bump in Year Six
  • Pad Site to Home Depot and Kohl's
  • Brand New Construction Deliverable January 2007

Research

Highway 377 & North Tarrant Parkway, Keller, TX 76248 (Tarrant County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Keller Market Trends - Asking price index trends, sale price trends, asking rent trends

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