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Keller Commons 2122 Rufe Snow Dr 29,792 sq ft 91% Let Retail Property Keller, TX 76248 £6,949,236 (£233.26/sq ft) 6.79% Net Initial Yield
INVESTMENT HIGHLIGHTS
- • 29,792 SF Retail Center Shadow Anchored by Walmart Neighborhood Market in dynamic DFW Suburb
- • Average Rental Rate is Below Market at $20.00 PSF
- • The adjacent Walmart Neighborhood Market is a Top 5 Store in DFW, has owned its site since 2000, and recently completed a multi-million-dollar renov
- • All NNN Leases – Allowing for Ease of Management
- • All Tenants are Internet-Resistant and Service-Oriented
- • Excellent Demographics with Average Household Income over $179,009 in a 1-mile radius, Almost 2X the National Average, and over $163,680 in a 3-mile
EXECUTIVE SUMMARY
Keller Commons has 91.4% occupancy leased to 9 tenants and represents a tremendous opportunity to acquire a prominent retail center in Keller. Keller boasts a strong job market, coupled with affordable housing, and potential for property appreciation.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Size
29,792 sq ft
Costar Property Class
B
Year Built
2005
Price
£6,949,236
Price per sq ft
£233.26
Yield
6.79%
NOI
£472,099
Occupancy Rate
91%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.15
Total Plot Size
4.48 ac
Use Class
GR - Retail
Parking
220 Spaces (7.38 Spaces per 1,000 sq ft Leased)
Frontage
130 ft on Rufe Snow Dr
AMENITIES
- Dedicated Turn Lane
- Signage
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
- 124
- 2,303 sq ft
- Retail
- -
- Now
- 125
- 250 sq ft
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 124 | 2,303 sq ft | Retail | - | Now |
| 125 | 250 sq ft | Retail | - | Now |
124
| Size |
| 2,303 sq ft |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
125
| Size |
| 250 sq ft |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 40989402 | Improvements Assessment | £4,525,566 |
| Land Assessment | £1,166,694 | Total Assessment | £5,692,260 |
PROPERTY TAXES
Parcel Number
40989402
Land Assessment
£1,166,694
Improvements Assessment
£4,525,566
Total Assessment
£5,692,260
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Keller Commons | 2122 Rufe Snow Dr
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