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5060-5064 Davis Blvd 7,700 SF 100% Leased Retail Building North Richland Hills, TX 76180 $1,495,000 ($194.16/SF) 5.62% Cap Rate

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Investment Highlights

100% Occupied - 2 Tenants (Medical/Retail)
Prominent, Lighted Intersection
Easy Access to Major Thoroughfares - Hwy. 183, Hwy. 121, Loop 820 & Hwy. 26

Davis Blvd. Frontage and Dedicated Center Turn Lane
Building Exterior and Pole Signage Opportunities
40,000 VHPD, Close to 820, 83, Hwy 26

Executive Summary

Presenting a premier investment opportunity in North Richland Hills, Texas. This fully leased 7,700-square-foot property houses two robust tenants from the medical and retail sectors, making it a turnkey asset . The property also offers easy access to major transportation routes, including Loop 820, Hwy 26, Hwy 183, and Hwy 121, providing seamless connectivity for tenants and customers alike.

Offering Memorandum

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

7,700 SF

Building Class

Year Built/Renovated

1973/2022

Price

$1,495,000

Price Per SF

$194.16

Cap Rate

5.62%

NOI

$84,000

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.36

Lot Size

0.49 AC

Zoning

C-2

Parking

24 Spaces (3.12 Spaces per 1,000 SF Leased)

Frontage

186’ on Davis Blvd

Dedicated Turn Lane

Signage

Major Tenants

Honey and Vine
Services
1,750 SF
$12.63
Triple Net
Sep 2028

Health Care and Social Assistance
-
-
-
-

Premier Rehab Physical Therapy provides outpatient rehabilitation services across several locations in Texas, offering treatment for musculoskeletal and movement-related conditions. The organization delivers physical therapy supported by specialized equipment, therapeutic programs, and individualized care plans. Its clinics operate with licensed therapists who focus on restoring mobility, improving functional capacity, and supporting long-term patient rehabilitation goals. The business structure indicates privately held ownership, with operational leadership managed by experienced clinical administrators. Premier Rehab Physical Therapy operates multiple facilities, each providing services centered on orthopedic rehabilitation, pain management, and functional recovery.