1. Texas
  2. North Richland Hills
  3. 6601 Precinct Line Road
$1,300,000

6601 Precinct Line Road, North Richland Hills, TX 76182

  • 3,263 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2011
  • Property Lot Size Icon0.6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $398/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Listing Office:
TRANSWORLD REALTY GROUP, LLC : 214-735-6021
Listing Agent:
Steven Graham :
MLS ID:
20956469
  • Flooring: Vinyl
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Steven Graham, TRANSWORLD REALTY GROUP, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

W. A. Porter Elementary School

2750 Prestondale Dr, Hurst, TX, 76054

Grades PK-5

0.23 miles away

S

Smithfield Middle School

8400 Main St, North Richland Hills, TX, 76182

Grades 6-8

0.91 miles away

B

Birdville High School

9100 Mid Cities Blvd, North Richland Hills, TX, 76180

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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