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Vacant-User

North Richland Hills Redevelopment

7630 NE Loop 820, North Richland Hills, TX 76180

Listing Price: Request For Offer

Gross SF
5,120
Rentable SF
5,120
Lot Size
1.30 acres

Investment Overview

Marcus & Millichap is pleased to present for sale a prime redevelopment opportunity located at 7630 North East Loop 820 in North Richland Hills, Texas (Dallas-Fort Worth MSA). The subject property totals 5,120 square feet and is situated on 1.30 acres with prime highway frontage facing Loop 820, featuring billboard signage to maximize the visibility for the asset. The property is surrounded by multiple national credit retailers due to the traffic counts, which exceed 170,000 vehicles per day on Interstate 820. The subject property is currently positioned as a second generation restaurant space with favorable zoning, allowing for multiple retail, office, and commercial uses, providing an investor or owner/user the opportunity to be strongly positioned in a heavily traveled corridor which is experiencing rapid redevelopment.

The city of North Richland Hills is located just twelve miles north east of downtown Fort Worth, Texas and twenty-seven miles west of Dallas, Texas. North Richland Hills has a current population of 71,508, which is expected to increase six percent by the year 2025. The city has recently been recognized with awards for their sound financial management, strong economy, and economic development initiatives. The city is also actively redeveloping the Loop 820 corridor, improving mobility for drivers and spurring redevelopment and revitalization along the corridor. The greater road capacity has the ability to produce more reliable travel times and increased access driving many companies looking to expand or relocate to this corridor. (nrhtx.com)

Overall, 7630 North East Loop 820 provides a new investor or owner/user the opportunity to acquire an extremely well-located commercial asset, with prime highway frontage and visibility. In addition to the included billboard signage, the proximity to Interstate 820 is instrumental for driving traffic to the subject property. The subject property is currently zoned C-2 Commercial, which allows for general commercial uses including retail, restaurant, office, educational, and many more. In addition, the subject property features fifty-nine on site parking spaces allowing for an adequate parking ratio for several prime uses.

Investment Highlights

  • Traffic Counts Exceed 170,000 VPD on NE Loop 820
  • North Richland Hills Redevelopment Opportunity | Prime Highway Frontage
  • 5,120-Square-Foot Asset | Situated on 1.30 Acres
  • 59 Parking Spaces Included On-Site | C-2 Zoning
  • Billboard Signage Offers Maximum Visibility

Exclusively Listed By

Financing By

Vacant-User

North Richland Hills Redevelopment

Listing Price: Request For Offer

Gross SF
5,120
Rentable SF
5,120
Lot Size
1.30 acres

Investment Highlights

  • Traffic Counts Exceed 170,000 VPD on NE Loop 820
  • North Richland Hills Redevelopment Opportunity | Prime Highway Frontage
  • 5,120-Square-Foot Asset | Situated on 1.30 Acres
  • 59 Parking Spaces Included On-Site | C-2 Zoning
  • Billboard Signage Offers Maximum Visibility

Investment Overview

Marcus & Millichap is pleased to present for sale a prime redevelopment opportunity located at 7630 North East Loop 820 in North Richland Hills, Texas (Dallas-Fort Worth MSA). The subject property totals 5,120 square feet and is situated on 1.30 acres with prime highway frontage facing Loop 820, featuring billboard signage to maximize the visibility for the asset. The property is surrounded by multiple national credit retailers due to the traffic counts, which exceed 170,000 vehicles per day on Interstate 820. The subject property is currently positioned as a second generation restaurant space with favorable zoning, allowing for multiple retail, office, and commercial uses, providing an investor or owner/user the opportunity to be strongly positioned in a heavily traveled corridor which is experiencing rapid redevelopment.

The city of North Richland Hills is located just twelve miles north east of downtown Fort Worth, Texas and twenty-seven miles west of Dallas, Texas. North Richland Hills has a current population of 71,508, which is expected to increase six percent by the year 2025. The city has recently been recognized with awards for their sound financial management, strong economy, and economic development initiatives. The city is also actively redeveloping the Loop 820 corridor, improving mobility for drivers and spurring redevelopment and revitalization along the corridor. The greater road capacity has the ability to produce more reliable travel times and increased access driving many companies looking to expand or relocate to this corridor. (nrhtx.com)

Overall, 7630 North East Loop 820 provides a new investor or owner/user the opportunity to acquire an extremely well-located commercial asset, with prime highway frontage and visibility. In addition to the included billboard signage, the proximity to Interstate 820 is instrumental for driving traffic to the subject property. The subject property is currently zoned C-2 Commercial, which allows for general commercial uses including retail, restaurant, office, educational, and many more. In addition, the subject property features fifty-nine on site parking spaces allowing for an adequate parking ratio for several prime uses.

Exclusively Listed By

Financing By

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