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Shopping Strip

Urban Air & Goodwill

989 N Walnut Creek Dr, Mansfield, TX 76063

Listing Price: $7,803,000

Cap Rate
7.50%
Gross SF
59,297
Rentable SF
59,297
Price/Gross SF
$131.59
Lot Size
5.80 acres
Year Built
1997

Investment Overview

The subject property is a fully stabilized, two-tenant retail center positioned along the highly trafficked Highway 287 retail corridor in Mansfield, Texas. The property totals 59,297 square feet of leasable area situated on a large 5.8-acre lot. Leased to Urban Air Adventure Park and Goodwill, the asset benefits from durable in-place cash flow supported by long-term, triple-net lease structures with scheduled contractual rent increases.


The center benefits from strong visibility, excellent frontage, and convenient access from North Walnut Creek Drive, one of Mansfield’s primary retail corridors. Positioned adjacent to a Walmart Supercenter, the property draws significant consumer traffic generated by surrounding national and regional retailers, reinforcing the property’s role as a dominant neighborhood retail destination within the trade area.

Investment Highlights

  • 100% Occupied, Diversified Experiential & Value-Oriented Retail Mix
  • Shadow-Anchored by Walmart Supercenter
  • Long-Term NNN Lease Structures with Contractual Rent Growth
  • Prime Retail Trade Corridor Along Highway 287

Exclusively Listed By

Financing By

Shopping Strip

Urban Air & Goodwill

Listing Price: $7,803,000

Cap Rate
7.50%
Gross SF
59,297
Rentable SF
59,297
Price/Gross SF
$131.59
Lot Size
5.80 acres
Year Built
1997

Investment Highlights

  • 100% Occupied, Diversified Experiential & Value-Oriented Retail Mix
  • Shadow-Anchored by Walmart Supercenter
  • Long-Term NNN Lease Structures with Contractual Rent Growth
  • Prime Retail Trade Corridor Along Highway 287

Investment Overview

The subject property is a fully stabilized, two-tenant retail center positioned along the highly trafficked Highway 287 retail corridor in Mansfield, Texas. The property totals 59,297 square feet of leasable area situated on a large 5.8-acre lot. Leased to Urban Air Adventure Park and Goodwill, the asset benefits from durable in-place cash flow supported by long-term, triple-net lease structures with scheduled contractual rent increases. The center benefits from strong visibility, excellent frontage, and convenient access from North Walnut Creek Drive, one of Mansfield’s primary retail corridors. Positioned adjacent to a Walmart Supercenter, the property draws significant consumer traffic generated by surrounding national and regional retailers, reinforcing the property’s role as a dominant neighborhood retail destination within the trade area.

Exclusively Listed By

Financing By

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