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- LoopNet Team
6601 Boulevard 26
North Richland Hills, TX 76180
Boulevard 26 Redevelopment Opportunity · Retail Property For Sale
Investment Highlights
- Value Add Opportunity Priced at $1,675,000 Across from Walmart Neighborhood Market in North Richland Hills, TX (DFW)
- Priced Significantly Below Replacement Cost at $59.60 PSF to the Building
- To Be Delivered Vacant 28,105 SF (or with Month-to-Month Tenant) with Substantial Upside Opportunity in Leasing to Retail, Office or Medical Uses
- Priced at $17.49 PSF to the Land
- 14.06% Pro Forma Cap Rate at List Price
- Close Proximity to 13,900+ Combined Students at Tarrant County College – Northeast Campus & Shannon High School
PROPERTY FACTS
Amenities
- Dedicated Turn Lane
About 6601 Boulevard 26 , North Richland Hills, TX 76180
Highway 26 Value Add is a 28,105 SF retail asset situated on 2.20 acres across from Walmart Neighborhood Market in North Richland Hills, Texas. Positioned just off the signalized intersection of Highway 26 (Grapevine Highway) and Rufe Snow Drive, the Property is located 12 minutes northeast of Downtown Fort Worth and 20 minutes west of Dallas Fort Worth International Airport. Complete with fully-finished interiors ready for immediate occupancy, Highway 26 Value Add offers meaningful value add potential by leasing the existing vacancy totaling 28,105 SF.
PROPERTY TAXES
| Parcel Number | 04986695 | Improvements Assessment | $957,381 |
| Land Assessment | $581,742 | Total Assessment | $1,539,123 |
PROPERTY TAXES
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