5412 Davis Blvd

5412 Davis Blvd, North Richland Hills, TX 76180

Property Information

  • For Sale $187.99/SF
  • Property Type Retail
  • Property Size 8,000 SF
  • Lot Size 1.23 Acre
  • Year Built 2012
  • Date Updated Oct 30, 2025
  • Visibility/Traffic Count (VPD) 106,200

Description

  • Corporate Guarantee by Investment-Grade Tenant – The lease is corporately guaranteed by Dollar Tree, Inc. (NASDAQ: DLTR), which carries an investment-grade credit rating, providing investors with strong credit quality and long-term income security.

  • Essential Retailer Designation – Dollar Tree was classified as an “essential retailer” during the COVID-19 pandemic, underscoring the resilience and necessity of its business model even during periods of economic disruption.

  • Favorable Tax Environment – Located in Texas, a state with no personal income tax, which enhances consumer purchasing power and contributes to a business-friendly economic climate.

  • Affluent Surrounding Demographics – The average household income within a ±5-mile radius is approximately $126,354 indicating strong local spending capacity.

  • High Traffic Location – The property benefits from excellent visibility and access along Davis Boulevard, which experiences traffic volumes of approximately 28,469 vehicles per day (VPD), supporting consistent customer traffic.

  • Densely Populated Trade Area – Approximately 295,120 residents live within a 5-mile radius and over 1,007,412 residents within a 10-mile radius, providing a strong and growing consumer base.

  • Established Tenant Commitment – Dollar Tree has operated at this location for over a decade and has already exercised its first lease extension option, reflecting long-term operational success and commitment to the site.

  • Quality Construction – The building features durable all-brick construction, minimizing long-term capital expenditure and enhancing structural longevity.

 

  • Attractive Rental Increases – The lease includes rare 10% rental escalations during the option periods, offering built-in income growth and a hedge against inflation.

Contacts

Gannon Ethington

Matthews Real Estate Investment Services

Clay Smith

Matthews Real Estate Investment Services

Location

Contact 5412 Davis Blvd
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