Kohl's & Development Outparcel

6091 Precinct Line Rd, North Richland Hills, TX 76180

  • For Sale $8,040,000
  • Property Type Retail - Freestanding
  • Property Size 86,584 SF
  • Lot Size 7.94 Acre
  • Property Tenancy Single Tenant
  • Date Updated Apr 22, 2024
`Recently extended ground lease with publicly traded company in tax free state. The offering includes a buildable pad that has been separately parceled (Contact broker for more details). Attractive 26% rent increase in the first option. Excellent visibility at the hard corner of Precinct Line Road and Grapevine Highway with combined traffic counts of 53,248 VPD. Anchor to a daily needs shopping center, that is under new ownership, which has seen significant leasing momentum.

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Attachments

Highlights

  • Anchor to a daily needs shopping center that is under new ownership and has seen significant leasing momentum
  • Well below market rent of $4.64 / sf
  • Kohl’s has been at this location since 1999, and recently executed an early lease extension through January 2032, displaying a long term commitment to this site
  • The tenant has four 5-year extension options with scheduled rental increases at the start of each option, including a 26% increase in its next option
  • According to Placer.ai, the subject property is in the 72nd percentile in terms of annual visitors to Kohl’s locations within the state of Texas

Contacts

broker

Zeb Ripple

CP Partners

(415) 274-2702

Location

Getting Around

  • Walk Score ®

    54/100 Somewhat Walkable
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City North Richland Hills, TX
  • Neighborhood North Richland Hills
  • Zip Code 76180
  • Market Dallas Fort Worth

Points of Interest

  • North Richland Hills/Smithfield

    1.50 miles

  • North Richland Hills/Iron Horse

    3.75 miles

  • Bell

    4.13 miles

  • Richland Hills

    4.55 miles

  • Mercantile Center

    6.70 miles

  • Grapevine-Main Street

    8.24 miles

  • CentrePort/DFW Airport

    8.30 miles

  • D6-D22

    8.71 miles

  • D23-D40

    8.76 miles

  • B1-B19

    8.85 miles

  • Tom Thumb 2609 Fuel Station

    0.50 miles

  • QuikTrip

    1.22 miles

  • QuikTrip

    1.37 miles

  • Exxon

    1.81 miles

  • Grubbs Nissan

    1.99 miles

  • Chevron

    2.02 miles

  • 7-Eleven

    2.07 miles

  • Chevron

    2.18 miles

  • 7-Eleven

    2.21 miles

  • Texaco

    2.36 miles

  • Smithfield Station - Park and Ride

    1.47 miles

  • Painted Tree Marketplace - Parking Lot

    2.19 miles

  • Crash Investigation Site

    2.79 miles

  • Iron Horse Station- Park-n-Ride

    3.71 miles

  • Professional 1 Visitor Parking

    3.87 miles

  • Texas Health Fitness Center Parking

    3.91 miles

  • East Parking Lot Annex (Bell Helicopter)

    3.97 miles

  • Plant 2 Parking Lot (Bell Helicopter)

    3.98 miles

  • East Parking Lot (Bell Helicopter)

    3.99 miles

  • South Parking Lot (Bell Helicopter)

    4.03 miles

  • Raising Cane's

    0.12 miles

  • Taco Bueno

    0.17 miles

  • Whataburger

    0.19 miles

  • Chick-fil-A

    0.22 miles

  • IHOP

    0.22 miles

  • Panda Express

    0.26 miles

  • Jimmy John's

    0.32 miles

  • Steak 'n Shake

    0.36 miles

  • Chipotle

    0.37 miles

  • Red Panda Wok & Grill

    0.66 miles

  • Burkes Outlet

    0.53 miles

  • Tom Thumb

    0.59 miles

  • Walmart Supercenter

    0.78 miles

  • Aldi

    0.94 miles

  • SuperTarget

    1.49 miles

  • North East Mall

    2.08 miles

  • Walmart Neighborhood Market

    2.30 miles

  • Whole Foods Market

    2.35 miles

  • Walmart Neighborhood Market

    2.41 miles

  • TJ Maxx

    2.49 miles

Frequently Asked Questions

What is the lease rate for Kohl's & Development Outparcel?

Rental asking rate at Kohl's & Development Outparcel is $4,020,000.00/YR.

What is the total square footage of Kohl's & Development Outparcel?

Kohl's & Development Outparcel totals 86,584 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Zeb Ripple

CP Partners

(415) 274-2702