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7723 - 7729 Maplewood Avenue, North Richland Hills, TX 76180
INVESTMENT PROPERTY
FOR SALE
Silver Oak Commercial Realty // 2805 Market Loop, Suite 100, Southlake, TX 76092 // 817.849.8282 // http:silveroakcre.comThis communication may contain confidential, proprietary or privileged information and is intended solely for the individual(s) or entities. Unauthorized use, disclosure, dissemination or copying of this communication or any part thereof is strictly prohibited andmay be unlawful. If you have received this communication in error, please notify the sender and destroy this communication and all copies thereof, including all attachments. Except as expressly stated, Silver Oak Commercial Realty, LLC makes no guarantee,warranty or representation as to the information contained herein or in any attachment hereto and assumes no responsibility for any error, omission or inaccuracy in any such information. Delivery of this communication is not intended to waive any legal rights orprivileges of Silver Oak Commercial Realty, LLC.
7723 - 7729 MAPLEWOOD AVENUE
Debra Perryman LeAnn BrownManaging Partner / MCNE / CPRES / Mediator Managing Partner / Broker817.849.8282 x102 817.313.3107
Russ WebbManaging Partner / CCIM / Broker 817.233.7100
dperryman@silveroakcre.com labrown@silveroakcre.com rwebb@silveroakcre.com
Debra Perryman
Managing Partner / MCNE / CPRES / Mediator
817.849.8282 x102dperryman@silveroakcre.com
LeAnn BrownManaging Partner / Broker 817.313.3107 labrown@silveroakcre.com
Russ WebbManaging Partner / CCIM / Broker 817.233.7100rwebb@silveroakcre.com
Silver Oak Commercial Realty // 2805 Market Loop, Suite 100, Southlake, TX 76092 // 817.849.8282 // http:silveroakcre.comThis communication may contain confidential, proprietary or privileged information and is intended solely for the individual(s) or entities. Unauthorized use, disclosure, dissemination or copying of this communication or any part thereof is strictly prohibited andmay be unlawful. If you have received this communication in error, please notify the sender and destroy this communication and all copies thereof, including all attachments. Except as expressly stated, Silver Oak Commercial Realty, LLC makes no guarantee,warranty or representation as to the information contained herein or in any attachment hereto and assumes no responsibility for any error, omission or inaccuracy in any such information. Delivery of this communication is not intended to waive any legal rights orprivileges of Silver Oak Commercial Realty, LLC.
PROPERTY OVERVIEWIdeal Investment Property! Centrally located in the heart of North Richland Hills at the intersection of Maplewood Ave. and Commercial Dr., right off of busy Davis Blvd., this property offers a logistical advantage to businesses providing services to the entire Dallas/Fort Worth region.
North Richland Hills was recently named as 'One of the Top 10 Cities to Start a Business', and offers low tax rates, excellent public schools and low crime rates.
PROPERTY HIGHLIGHTS
• 100% Leased
• 2 Tenants Occupy 4 Individual Suites/Units.
• Well-Suited for Small Business Warehouse Uses
• 4 Grade Level Doors/Drive-In Bays
• Current Tenant Businesses Include Signage/Graphics and Automotive Repair/After-Market Installations
• Easy Access to Major Thoroughfares - Hwy. 183, Hwy. 121, Loop 820 & Hwy. 26.
OFFERING SUMMARY
Sale Price: $731,000
Building Size: 9,600 SF
Lot Size: 0.637 Acres
Price / SF: $76.15
Cap Rate: 7.51%
NOI: $54,880
Year Built: 1980
Market: Northeast Tarrant County
Submarket: NRH / HEB
INVESTMENT PROPERTY FOR SALE7723 - 7729 MAPLEWOOD AVENUE
7723 - 7729 Maplewood Avenue, North Richland Hills, TX 76180
Debra Perryman
Managing Partner / MCNE / CPRES / Mediator
817.849.8282 x102dperryman@silveroakcre.com
LeAnn BrownManaging Partner / Broker 817.313.3107 labrown@silveroakcre.com
Russ WebbManaging Partner / CCIM / Broker 817.233.7100rwebb@silveroakcre.com
Silver Oak Commercial Realty // 2805 Market Loop, Suite 100, Southlake, TX 76092 // 817.849.8282 // http:silveroakcre.comThis communication may contain confidential, proprietary or privileged information and is intended solely for the individual(s) or entities. Unauthorized use, disclosure, dissemination or copying of this communication or any part thereof is strictly prohibited andmay be unlawful. If you have received this communication in error, please notify the sender and destroy this communication and all copies thereof, including all attachments. Except as expressly stated, Silver Oak Commercial Realty, LLC makes no guarantee,warranty or representation as to the information contained herein or in any attachment hereto and assumes no responsibility for any error, omission or inaccuracy in any such information. Delivery of this communication is not intended to waive any legal rights orprivileges of Silver Oak Commercial Realty, LLC.
INVESTMENT PROPERTY FOR SALE7723 - 7729 MAPLEWOOD AVENUE
7723 - 7729 Maplewood Avenue, North Richland Hills, TX 76180
Debra Perryman
Managing Partner / MCNE / CPRES / Mediator
817.849.8282 x102dperryman@silveroakcre.com
LeAnn BrownManaging Partner / Broker 817.313.3107 labrown@silveroakcre.com
Russ WebbManaging Partner / CCIM / Broker 817.233.7100rwebb@silveroakcre.com
Silver Oak Commercial Realty // 2805 Market Loop, Suite 100, Southlake, TX 76092 // 817.849.8282 // http:silveroakcre.comThis communication may contain confidential, proprietary or privileged information and is intended solely for the individual(s) or entities. Unauthorized use, disclosure, dissemination or copying of this communication or any part thereof is strictly prohibited andmay be unlawful. If you have received this communication in error, please notify the sender and destroy this communication and all copies thereof, including all attachments. Except as expressly stated, Silver Oak Commercial Realty, LLC makes no guarantee,warranty or representation as to the information contained herein or in any attachment hereto and assumes no responsibility for any error, omission or inaccuracy in any such information. Delivery of this communication is not intended to waive any legal rights orprivileges of Silver Oak Commercial Realty, LLC.
INVESTMENT PROPERTY FOR SALE7723 - 7729 MAPLEWOOD AVENUE
7723 - 7729 Maplewood Avenue, North Richland Hills, TX 76180
PLAT
Debra Perryman
Managing Partner / MCNE / CPRES / Mediator
817.849.8282 x102dperryman@silveroakcre.com
LeAnn BrownManaging Partner / Broker 817.313.3107 labrown@silveroakcre.com
Russ WebbManaging Partner / CCIM / Broker 817.233.7100rwebb@silveroakcre.com
Silver Oak Commercial Realty // 2805 Market Loop, Suite 100, Southlake, TX 76092 // 817.849.8282 // http:silveroakcre.comThis communication may contain confidential, proprietary or privileged information and is intended solely for the individual(s) or entities. Unauthorized use, disclosure, dissemination or copying of this communication or any part thereof is strictly prohibited andmay be unlawful. If you have received this communication in error, please notify the sender and destroy this communication and all copies thereof, including all attachments. Except as expressly stated, Silver Oak Commercial Realty, LLC makes no guarantee,warranty or representation as to the information contained herein or in any attachment hereto and assumes no responsibility for any error, omission or inaccuracy in any such information. Delivery of this communication is not intended to waive any legal rights orprivileges of Silver Oak Commercial Realty, LLC.
INVESTMENT PROPERTY FOR SALE7723 - 7729 MAPLEWOOD AVENUE
7723 - 7729 Maplewood Avenue, North Richland Hills, TX 76180
SITE PLAN
Debra Perryman
Managing Partner / MCNE / CPRES / Mediator
817.849.8282 x102dperryman@silveroakcre.com
LeAnn BrownManaging Partner / Broker 817.313.3107 labrown@silveroakcre.com
Russ WebbManaging Partner / CCIM / Broker 817.233.7100rwebb@silveroakcre.com
Silver Oak Commercial Realty // 2805 Market Loop, Suite 100, Southlake, TX 76092 // 817.849.8282 // http:silveroakcre.comThis communication may contain confidential, proprietary or privileged information and is intended solely for the individual(s) or entities. Unauthorized use, disclosure, dissemination or copying of this communication or any part thereof is strictly prohibited andmay be unlawful. If you have received this communication in error, please notify the sender and destroy this communication and all copies thereof, including all attachments. Except as expressly stated, Silver Oak Commercial Realty, LLC makes no guarantee,warranty or representation as to the information contained herein or in any attachment hereto and assumes no responsibility for any error, omission or inaccuracy in any such information. Delivery of this communication is not intended to waive any legal rights orprivileges of Silver Oak Commercial Realty, LLC.
INVESTMENT PROPERTY FOR SALE7723 - 7729 MAPLEWOOD AVENUE
7723 - 7729 Maplewood Avenue, North Richland Hills, TX 76180
Davis B
lvd
Lola Dr
Harwood Rd
2,983
1,801
22,26
6
18,76
0
21,10
8
16,04
2
41,02
6
4,784
37,15
0
North Richland Hills Economic Development • 4301 Boulevard 26 • North Richland Hills, TX 76180 • 817-427-6090
This study was a conducted in February 2019 and is an average vehicle per day count
DAVIS BLVD @ HARWOOD
STREET DESIGN
O
Design Element Roadway Type
Number of Traffic Lanes 6
Lane Width (feet) 12
Right‐of‐Way Width (feet) Variable
Speed (MPH) 40 ‐ 45
Davis Blvd Harwood RdDesign Element Roadway Type
Number of Traffic Lanes 4
Lane Width (feet) 12
Right‐of‐Way Width (feet) 90
Speed (MPH) 35 ‐ 45
Debra Perryman
Managing Partner / MCNE / CPRES / Mediator
817.849.8282 x102dperryman@silveroakcre.com
LeAnn BrownManaging Partner / Broker 817.313.3107 labrown@silveroakcre.com
Russ WebbManaging Partner / CCIM / Broker 817.233.7100rwebb@silveroakcre.com
Silver Oak Commercial Realty // 2805 Market Loop, Suite 100, Southlake, TX 76092 // 817.849.8282 // http:silveroakcre.comThis communication may contain confidential, proprietary or privileged information and is intended solely for the individual(s) or entities. Unauthorized use, disclosure, dissemination or copying of this communication or any part thereof is strictly prohibited andmay be unlawful. If you have received this communication in error, please notify the sender and destroy this communication and all copies thereof, including all attachments. Except as expressly stated, Silver Oak Commercial Realty, LLC makes no guarantee,warranty or representation as to the information contained herein or in any attachment hereto and assumes no responsibility for any error, omission or inaccuracy in any such information. Delivery of this communication is not intended to waive any legal rights orprivileges of Silver Oak Commercial Realty, LLC.
POPULATION 2020 2025
Total Population 71,508 75,781
Average age 39.5 40.2
HOUSEHOLDS & INCOME 2020 2025
Total households 27,999 29,698
# of persons per HH 2.54 2.54
Average HH income $95,494 $103,867
Average house value $184,615* Demographic data derived from Esri, Copyright 2020
INVESTMENT PROPERTY FOR SALE7723 - 7729 MAPLEWOOD AVENUE
7723 - 7729 Maplewood Avenue, North Richland Hills, TX 76180
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