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The Railyard 6428 Davis Blvd 9,848 SF 79% Leased Retail Building North Richland Hills, TX 76182 $2,300,000 ($233.55/SF) 7.57% Cap Rate
Investment Highlights
- Unique Design (all brick) retail building fronting Davis Blvd
- 1 vacancy lef (970 SF) White Box w/1 restroom
- 33,000 VPD
Executive Summary
Fronting Davis Blvd - 1 Vacancy Left (970 SF) White Box. w/1 Restroom.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
9,848 SF
Building Class
A
Year Built
2022
Price
$2,300,000
Price Per SF
$233.55
Cap Rate
7.57%
NOI
$174,000
Percent Leased
79%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.65 AC
Zoning
Commercial-Retail/Office - RETAIL MEDICAL OFFICE
Parking
40 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
150’ on Davis Blvd
Amenities
- 24 Hour Access
- Signage
- Monument Signage
- Air Conditioning
- Balcony
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Covenant Royalties
- -
- -
- -
- Triple Net
- Jan 2030
- Keyworth Brewing
- Wholesaler
- -
- $18.00
- Triple Net
- Feb 2032
- Vigorous Underdogs Barbershop
- -
- -
- -
- Plus Utilities
- Jul 2026
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Covenant Royalties | - | - | - | Triple Net | Jan 2030 | |
| Keyworth Brewing | Wholesaler | - | $18.00 | Triple Net | Feb 2032 | |
| Vigorous Underdogs Barbershop | - | - | - | Plus Utilities | Jul 2026 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Last Space Available!
| Space | Size | Space Use | Position | Available |
| 1st Floor | 970 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 970 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 970 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Last Space Available!
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01461915 | Improvements Assessment | $3,884,070 |
| Land Assessment | $641,430 | Total Assessment | $2,117,934 |
Property Taxes
Parcel Number
01461915
Land Assessment
$641,430
Improvements Assessment
$3,884,070
Total Assessment
$2,117,934
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The Railyard | 6428 Davis Blvd
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