2122 Rufe Snow DrKeller, TX 76248
Keller Commons
Asset ClassRetail
Cap Rate6.8%
KELLER COMMONS
Overview
NAI CAPITAL COMMERCIAL, INC. AND LEGACY PROPERTY ADVISORS, as the exclusive advisors to the Owner, are pleased to present for your review the pricing and analysis for Keller Commons, Keller, TX a fee simple multi-tenant retail center. The property has 89.4% occupancy, is 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.
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
- All NNN Leases – Allowing for Ease of Management
- All Tenants are Internet-Resistant and Service-Oriented
- Drive-thru End-Cap – Leased to the National Brand Jeremiah’s Ice
- 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 renovation. Walmart currently holds the largest market share among grocery stores in the DFW area.
- HTeaO has recently broken ground on one of the pads along Rufe Snow Drive, which will be one of their largest sites
- 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 radius
- Nearby National Retailers include Lowe’s, Target, Kroger, Academy Sports + Outdoors, Home Depot, Kohl’s, Michael’s, Marshall’s, Dollar Tree, McDonald’s, CVS, IHOP, Panda Express, Smoothie King, Chick-fil-A, Burger King, Wendy’s, Buffalo Wild Wings, Sonic & many others
- Pads fronting Keller Commons are also for sale. HTeaO pad is a leased fee investment, and the other pad is a land sale.
Photo Gallery
2122 Rufe Snow DrKeller, TX 76248
Walmart (Shadow Anchor)
Lowe's Home Improvement
Sales Team
Listing provided by Revere CRE