Previously anchored by Havertys Furniture, this property can now be acquired by an individual to repurpose as high-density office space or to re-tenant with alternative uses to serve the area while taking advantage of the extensive exposure to high daily traffic counts. Richland Commons was built in 1986 as a two story, active, multi-tenant retail center.
Given the current rent roll, it is believed that the building can be delivered vacant at buyer’s option. Large clear heights and open floor plans provide a blank canvas for alternative uses. Richland Commons offers an acquisition at a basis which will afford an investor the ability to invest additional proceeds into the repositioning of the asset and still exit at a residual price well below today’s replacement cost.
||Land, Office, Redevelopment, Retail
Map of 8251 Bedford Euless Road, North Richland Hills, TX 76180