Salon Suites - Real Estate/High Occupancy

Business Overview:

Two Separate Salon Suites offer a unique investment opportunity in a highly sought-after and affluent area of Tarrant, TX. This fully operational, well-maintained property is designed specifically for beauty professionals 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.
• Recession resistant business
• Short term leases (one year or less) allows dynamic repricing
• Exceptionally low turnover rate and consistent high occupancy
• Currently in-place rents yield higher than market rental rates given the subdivision of the space
• Multi-tenant base reduces vacancy/business risk of single tenant lease
• Tenants pay weekly in advance

Salon One:
• Asking Price $1,893,573
• Built 2007
• Building 3,901 SF
• Land 20,030 SF
• 96% Occupied

Salon Two:
• Asking Price $1,400,387
• Built 2011
• Building 3,263 SF
• Land 25,998 SF
• 76% Occupied

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Reason for Selling:

Other business interests

Additional Details:

Documents:

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