265 John Jones DrBurleson, TX 76028

For Sale
$4,878,000

High-yield, triple-net leased retail center.

Overview

Added:
Feb 13
Days on market:
29
This exceptional Class A, 6,442 square-foot shopping center in Burleson, Texas, presents a compelling investment opportunity. Boasting 100% occupancy with three corporate-guaranteed tenants—Pei Wei, Ideal Dental, and CAVA—this property offers a stable income stream and significant upside potential. Built in 2024, the single-story building sits on a 1.05-acre lot in a prime location at 265 NW John Jones Dr, 76028. The property benefits from exceptional visibility and high traffic counts exceeding 67,000 vehicles per day at the intersection of NW John Jones Dr and SW Wilshire Blvd. Its strategic placement near major retailers like H-E-B plus!, Walmart, Target, Kroger, ALDI, and Sprouts Farmers Market ensures consistent customer traffic. The planned development zoning allows for flexibility and future growth. The strong demographics of the area, with over 56,000 people within a three-mile radius and average household incomes exceeding $115,000, further enhance the investment's attractiveness. The asking price is $4,878,000, representing a 6.00% cap rate and a price per square foot of $757.22. The property's Net Operating Income (NOI) is $292,680. This is a turnkey investment with a secure tenant base and strong potential for long-term appreciation. The property offers convenient access to SW Wilshire Blvd via cross-access from the adjacent H-E-B plus!.

Highlights

  • $4,878,000 asking price for this Class A, 6,442 SF shopping center in Burleson, TX.
  • 100% occupancy with three corporate-guaranteed tenants: Pei Wei, Ideal Dental, and CAVA.
  • Strong location at a dominant retail intersection near H-E-B, Walmart, Target, Kroger, ALDI, and Sprouts.
  • High traffic counts exceeding 67,000 vehicles per day at the intersection.
  • Attractive demographics: over 56,000 people within a three-mile radius with average household incomes over $115,000.

Property Details for 265 John Jones Dr

Property type
Lifestyle centers, Power centers
Square Feet
6,442 SF
Class
A
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
45,738 SF

Location Insight

City
Burleson
County
Johnson
State
Texas
Latitude
32.523648118433
Longitude
-97.351728126091
265 John Jones Dr, Burleson, Texas

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265 John Jones Dr
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