602 287 Frontage RdMansfield, TX 76063

For Sale
Call for price

108,490 SF Net Lease Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fee-simple interest in a 108,490-square-foot At Home store located at 602 U.S. 287 Frontage Rd, Mansfield, TX 76063. The property, built in 2018 and situated on 8.2 acres, benefits from a strong absolute NNN lease with At Home, a national home décor retailer, providing long-term, passive income. The lease boasts a remaining term of 10.8 years, with four 5-year renewal options and attractive 2.0% annual rent increases. This single-tenant property enjoys 100% occupancy and is strategically located within The Shops at Broad, a high-performing shopping center attracting over 5.1 million annual visitors. Its prime location offers excellent visibility along US 287 Frontage Road, a major thoroughfare with approximately 48,000 vehicles per day. The property's success is further enhanced by its proximity to a high-performing Walmart Supercenter and McDonald's. The surrounding area demonstrates robust growth, boasting an 84.7% population increase within a 3-mile radius and an average household income exceeding $147,000 within the same area. This offering provides a compelling opportunity to acquire a stable, high-performing retail asset in a thriving market with exceptional demographics and strong tenant performance. The property is part of a larger shopping center with numerous nationally known retailers.

Property Details for 602 287 Frontage Rd

Property type
Other retail properties, Individual retail properties
Square Feet
108,490 SF
Year Built
2018
Lot Size (sq. ft)
357,192 SF

Location Insight

City
Mansfield
County
Tarrant
State
Texas
Latitude
32.5734242
Longitude
-97.1149863
602 287 Frontage Rd, Mansfield, Texas

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602 287 Frontage Rd
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