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8380 Davis Blvd
North Richland Hills, TX 76182
Alamo Drafthouse Cinema · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Prime location at Davis Blvd and North Tarrant Parkway with excellent visibility and access.
- Flexible Commercial (C-1) zoning supports retail, medical, office, and entertainment uses.
- Ample surface parking with 333 spaces and an 8/1,000 SF ratio.
- Modern 42,191 SF building constructed in 2018 with steel and masonry design.
- Surrounded by national retailers and affluent residential communities.
- Strong demographics with median household incomes exceeding $140,000 within three miles.
EXECUTIVE SUMMARY
This is a rare opportunity to acquire a modern, purpose-built entertainment property in the heart of North Richland Hills, Texas. Constructed in 2018, this 42,191 SF facility sits on 5.53 acres and features eight screens with 927 seats, supported by a full-service kitchen and dining areas. The property’s steel and masonry construction, 28’–35’ ceiling heights, and flexible Commercial (C-1) zoning make it an attractive investment for adaptive reuse or continued entertainment operations.
Strategically located at the high-traffic intersection of Davis Blvd and North Tarrant Parkway, the site offers exceptional visibility and accessibility to major thoroughfares, including I-35W, Loop 820, and Southlake Blvd. The property benefits from strong surrounding demographics, with median household incomes exceeding $140,000 within three miles, and is positioned near national retailers such as Walmart, Target, Kroger, and LA Fitness. Its proximity to DFW International Airport and the broader Dallas–Fort Worth metroplex enhances long-term value and redevelopment potential.
With ample surface parking (333 spaces) and a parking ratio of 8/1,000 SF, this asset is well-suited for investors seeking a high-quality property in a thriving, growth-oriented market. Whether maintained as a theater or repositioned for retail, medical, or entertainment use, this property offers significant upside in one of North Texas’ most dynamic submarkets.
Strategically located at the high-traffic intersection of Davis Blvd and North Tarrant Parkway, the site offers exceptional visibility and accessibility to major thoroughfares, including I-35W, Loop 820, and Southlake Blvd. The property benefits from strong surrounding demographics, with median household incomes exceeding $140,000 within three miles, and is positioned near national retailers such as Walmart, Target, Kroger, and LA Fitness. Its proximity to DFW International Airport and the broader Dallas–Fort Worth metroplex enhances long-term value and redevelopment potential.
With ample surface parking (333 spaces) and a parking ratio of 8/1,000 SF, this asset is well-suited for investors seeking a high-quality property in a thriving, growth-oriented market. Whether maintained as a theater or repositioned for retail, medical, or entertainment use, this property offers significant upside in one of North Texas’ most dynamic submarkets.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Movie Theater
Building Size
42,191 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
4.36 AC
Zoning
C-1 - Commercial Commercial (C-1) - City of North Richland Hills
Parking
330 Spaces (7.82 Spaces per 1,000 SF Leased)
Frontage
741’ on Davis Blvd
PROPERTY TAXES
| Parcel Number | 42220813 | Improvements Assessment | $3,489,683 |
| Land Assessment | $4,091,917 | Total Assessment | $7,581,600 |
PROPERTY TAXES
Parcel Number
42220813
Land Assessment
$4,091,917
Improvements Assessment
$3,489,683
Total Assessment
$7,581,600
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