$1,300,000

6601 Precinct Line Road , North Richland Hills, TX 76182

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:0.6
Year Built:2011
Listing Status:Active

Listing Agent

Steven Graham
http://grahamhomesgroup.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

The Amis & Elements Salon Suites (6601 & 6609 Precinct Line Rd) offer a unique investment opportunity in a highly sought-after location in North Richland Hills, TX. This fully operational, well-maintained property is designed specifically for beauty professionals and small business owners seeking flexible, upscale spaces. With high demand for salon suite leasing and an established reputation in the community, this is a prime asset for any investor or owner-operator looking to expand into the rapidly growing salon suite market. Two free standing properties (only selling as a portfolio): -For Sale: $2,900,000.00 -CAP Rate: 8.5% -Combined Occupancy: 87% Building Features: -Shared Amenities including waiting area, lounge, restrooms, wash stations and laundry -Parking ratio 11 : 1,000 SF -Irrigation system -Energy efficient windows -High-speed internet and telecommunications infrastructure -New 30yr designer roof installed on both salons Oct. 2024 -Video notification system in Salon Amis to notify the stylists of their clients -Security System -Access Key Pad for stylists -No POA or HOA Investment Highlights: Prime Location: High traffic area along Precinct Rd. (Traffic Volume 28,625) in North Richland Hills. Diverse Tenant Base: The suites are home to a variety of tenants including hairstylist, nail techs, estheticians and other beauty professionals. Stylish Office: Built with a modern, comfortable and private environment. Attractive Leasing Opportunity: Multi-tenant with short-term leases, allows dynamic repricing. Well-Maintained: The building is in excellent condition with modern renovations and upgrades. Low Turnover and High renewal rate: 62% of tenants have had a lease for more than 5 years.

Detailed Items

Other Information

6601 Precinct Line Road, North Richland Hills, TX, 76182 is a commercial sale listing of 0 sqft on a lot of 0.6. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property6601 Precinct Line Road, North Richland Hills, TX
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