6601 Precinct Line Road new Save Request In-Person Tour Request Virtual Tour
North Richland Hills,TX 76182
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Precint Line Office Park
MLS Listing ID 20956469
Total Fin. Sqft 3263
Year Built 2011
Annual Tax Amount $12,745
Lot Size 0.597 Acres
Acres 0.597
Property Sub-Type Retail
Property 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.
Location
State TX
County Tarrant
Zoning Business
Direction From Hwy 26, take Precinct Line Rd north. Turn left onto Regency Dr.
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Heat Source Central
Exterior
Utilities Available City Sewer,City Water
Roof Type Composition
Garage No
Building
Foundation Slab
Structure Type Frame,Stone Veneer
Others
Ownership See Agent
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20956469