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Shopping Strip

Blaze Pizza & Salata | High Income DFW Suburb | Outparcel to a Market Street (Albertsons) Grocery

3161 East Broad St, Mansfield (DFW MSA), TX 76063

Listing Price: $4,094,545

Cap Rate
5.50%
Gross SF
5,300
Rentable SF
5,300
Price/Gross SF
$772.56
Lot Size
1.06 acres
Year Built
2018

Investment Overview

Mansfield is a suburban city located in Tarrant County, it is part of the Dallas-Fort Worth Metroplex area. The city borders Arlington on the north, Grand Prairie on the east, Just 30 minutes from DFW International Airport, Mansfield’s location near major interstate highways and roadways offer easy access to Dallas, Fort Worth and other cities in the North Texas region. Mansfield is a dynamic, growing community with a rich history and a bright future. CNN/Money Magazine ranked Mansfield 17th in its 2014 edition of its “Best Places to Live” list, which was priorly ranked in 2007, 2009, and 2012. Additionally, Safewise named Mansfield to its safest cities in Texas list for 2016.

Investment Highlights

  • 100% Occupied Two-Tenant Strip Featuring NNN Leases with 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. 2018 Construction.
  • Positioned Along Area's Major Retail & Traffic Corridor: Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 27k Vehicles.
  • Within a Top-Performing Market Street (High-Volume Specialty Grocer) Anchored Retail Center. Located Directly Adjacent to Mansfield High School (2,410+ Students).
  • Densely Populated Affluent Area: Features an Average Household Income of $149k+ within a 1-Mile Radius and over 145k People Residing within a 5-Mile Radius.
  • In Close Proximity to Methodist Mansfield Medical Center - A 254-Bed Full Service Hospital offering a Wide-Range of Critical Care to Residents around the Area.
  • Mans?eld has Experienced a Consistent History of Outsized Population Growth – from 2000 to Today, the Population has increased 225% and is Forecasted to Continue to Grow in the near Term.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    License(s) TX: 0606255

    Texas

Shopping Strip

Blaze Pizza & Salata | High Income DFW Suburb | Outparcel to a Market Street (Albertsons) Grocery

Listing Price: $4,094,545

Cap Rate
5.50%
Gross SF
5,300
Rentable SF
5,300
Price/Gross SF
$772.56
Lot Size
1.06 acres
Year Built
2018

Investment Highlights

  • 100% Occupied Two-Tenant Strip Featuring NNN Leases with 10% Rental Increases Every 5 Years Throughout the Initial Term and Options. 2018 Construction.
  • Positioned Along Area's Major Retail & Traffic Corridor: Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 27k Vehicles.
  • Within a Top-Performing Market Street (High-Volume Specialty Grocer) Anchored Retail Center. Located Directly Adjacent to Mansfield High School (2,410+ Students).
  • Densely Populated Affluent Area: Features an Average Household Income of $149k+ within a 1-Mile Radius and over 145k People Residing within a 5-Mile Radius.
  • In Close Proximity to Methodist Mansfield Medical Center - A 254-Bed Full Service Hospital offering a Wide-Range of Critical Care to Residents around the Area.
  • Mans?eld has Experienced a Consistent History of Outsized Population Growth – from 2000 to Today, the Population has increased 225% and is Forecasted to Continue to Grow in the near Term.

Investment Overview

Mansfield is a suburban city located in Tarrant County, it is part of the Dallas-Fort Worth Metroplex area. The city borders Arlington on the north, Grand Prairie on the east, Just 30 minutes from DFW International Airport, Mansfield’s location near major interstate highways and roadways offer easy access to Dallas, Fort Worth and other cities in the North Texas region. Mansfield is a dynamic, growing community with a rich history and a bright future. CNN/Money Magazine ranked Mansfield 17th in its 2014 edition of its “Best Places to Live” list, which was priorly ranked in 2007, 2009, and 2012. Additionally, Safewise named Mansfield to its safest cities in Texas list for 2016.

Exclusively Listed By

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    License(s): TX: 0606255

    Texas

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