1101 Melbourne Rd, Hurst, TX 76053 – Regional Shopping Mall

RetailYear Built 1971Total Assessed Value $91,543,583County Tarrant

Property Details

The Retail property 1101 Melbourne Rd, Hurst, TX 76053 is located in Tarrant County. The specific property type is Regional Shopping Mall. The total assessed value of this property is $91,543,583.

The gross building area is 1,300,314 square feet and the land area is 1,748,978 square feet for this Regional Shopping Mall built in 1971.

Legal description: North East Mall Addition Block 1R Lot 1A

$91,543,583

Market Value

8.50%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 1101 Melbourne Rd, Hurst, TX 76053, Retail

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Property Information

Property TypeRetail

Sub Property TypeRegional Shopping Mall

Building Area1,300,314

Land Size1,748,978

Land Value$13,991,824

Improved Value$77,551,759

Total Assessed Value$91,543,583

Year Built1971

County NameTarrant

Account Number07713371

Cap Rate8.50%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

No of Stories1

Number of Units1

Food & BeveragesRestaurant

ServicesFood Service

Sales History

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Mortgage History

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2024	$13,991,824	$77,551,759	$91,543,583	$91,543,583	Melvin Simon & Assoc...	Po Box 6120	North East Mall Addi...	Mall Gener	Mall General	1,748,978	1,300,314
2023	$13,991,824	$77,551,759	$91,543,583	$91,543,583	Melvin Simon & Assoc...	Po Box 6120	North East Mall Addi...	Mall General	Mall General	1,748,978	1,300,314
2021	$13,991,824	$81,712,974	$95,704,798	$95,704,798	Melvin Simon & Assoc...	Po Box 6120	North East Mall Addi...	Mall Gener	Mall Gener	1,748,978	1,300,314
2020	$13,991,824	$96,308,176	$110,300,000	$110,300,000	Melvin Simon & Assoc...	Po Box 6120	North East Mall Addi...	Mall Gener	Mall Gener	1,748,978	1,300,314
2019	$13,991,824	$111,114,676	$125,106,500	$125,106,500	Melvin Simon & Assoc...	Po Box 6120	North East Mall Addi...	Mall Gener	Mall Gener	1,748,978	1,300,314
2018	$13,991,824	$111,803,036	$125,794,860	$125,794,860	Melvin Simon & Assoc...	Po Box 6120	North East Mall Addi...	Mall Gener	Mall Gener	1,748,978	1,300,314
2017	$13,991,824	$110,803,036	$124,794,860	$124,794,860	Melvin Simon & Assoc...	Po Box 6120	North East Mall Addi...	Mall Gener	Mall Gener	1,748,978	1,300,314
2016	$13,991,824	$106,803,036	$120,794,860	$120,794,860	Melvin Simon & Assoc...	Po Box 6120	NORTH EAST MALL ADDI...	Mall Gener	Mall General	1,748,978	1,300,314
2015	$13,991,824	$103,108,176	$117,100,000	$117,100,000	Melvin Simon & Assoc...	Po Box 6120	NORTH EAST MALL ADDI...	Mall Gener	Mall General	1,748,978	1,300,314
2014	$13,991,824	$102,987,766	$116,979,590	$116,979,590	Melvin Simon & Assoc...	Po Box 6120	NORTH EAST MALL ADDI...	Mall Gener	NORTH EAST MALL ADDI...	8,744,890	-

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
1101 Melbourne Rd, Hurst, TX 76053	07713371	Retail	Regional Shopping Mall	Melvin Simon & Assoc Inc	Tarrant	-	-	-	-	1971	1,300,314	1
3111 Midwestern Pkwy, Wichita Falls, TX 76308	123567	Retail	Regional Shopping Mall	Sikes Senter Mall Realty Holding Llc	Wichita	105.8	$ 23,940,000	2025-10-15	$ 30.53	1973	784,240	-
2401 S Stemmons Fwy, Lewisville, TX 75067	175967	Retail	Regional Shopping Mall	1000 South Vermont Llc & 1054 Vermont Llc & 1035 Menlo Llc	Denton	17.8	$ 40,000,000	2022-08-26	$ 55.30	1988	723,379	-
23000 Eureka Rd, Taylor, MI 48180	60 072 99 0022 715	Retail	Regional Shopping Mall	Southland Holdings I Llc	Wayne	1005.1	$ 51,465,000	2024-12-30	$ 93.06	1969	553,004	-
1700 Norman Dr, Valdosta, GA 31601	0082C-074	Retail	Regional Shopping Mall	-	Lowndes	830.3	$ 39,585,000	2025-03-31	$ 86.10	1982	459,770	-
3100 Sw College Rd, Ocala, FL 34474	23735-001-00	Retail	Regional Shopping Mall	-	Marion	929.9	$ 54,900,000	2025-07-29	$ 130.62	1980	420,292	-
200 Towne Center Cir, Sanford, FL 32771	29-19-30-5LW-0100-0000	Retail	Regional Shopping Mall	Seminole Mall Realty Holding L	Seminole	986.0	$ 17,390,000	2025-03-14	$ 34.81	1995	499,596	-
6801 Northlake Mall Dr, Charlotte, NC 28216	025-091-25	Retail	Regional Shopping Mall	Hull 2000 Lllp	Mecklenburg	955.9	$ 39,000,000	2025-02-10	$ 54.22	2005	719,240	-
3001 White Bear Ave, Maplewood, MN 55109	02-29-22-23-0010	Retail	Regional Shopping Mall	Maplewood Partners Llc	Ramsey	877.1	$ 15,000,000	2023-01-31	$ 29.15	1974	514,575	-

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1101 Melbourne Rd, Hurst, TX 76053	—	-	1,748,978	1971	1,300,314	$ 91,543,583	$ 13,991,824	-
Old Plank Trail Cmty Bank Na	10031 Fm 1960 Bypass Rd W Ste F2 SteF2, Humble, TX 77338	09/11/2025	$ 250,000	61,202	2007	9,252	$ 2,744,887	$ 1,530,050	Humble Th Llc
Cadence Bank Na	15718 S Highway 288, Pearland, TX 77581	08/08/2025	$ 3,100,000	101,752	2014	16,694	$ 4,518,000	$ 1,984,160	4gf Group Llc
First Financial Bank	4668 W Kellogg, Wichita, KS 67209	07/03/2025	$ 24,168,000	16,553	0	0	$ 14,125	$ 12,500	Wichita Maple Llc
Firstcitizens Bank & Trust Co	891 Ne Mall Blvd, Hurst, TX 76053	06/25/2025	$ 1,100,799	47,401	1999	10,379	$ 2,127,802	$ 474,010	Gordon & Gordon Holdings Llc
First Horizon Bank	2203 S Promenade Blvd, Rogers, AR 72758	05/14/2025	$ 1,500,000	1,179,169	2007	169,389	$ 4,363,349	$ 1,141,236	-
American National Bank & Trust	5617 Kemp Blvd, Wichita Falls, TX 76308	04/11/2025	$ 75,000	12,197	1985	3,784	$ 66,977	$ 29,272
Cadence Bank Na	11201 Bass Pro Pkwy, Little Rock, AR 72210	04/07/2025	$ 18,000,000	1,295,910	2015	120,451	$ 3,036,000	$ 1,555,092	Little Rock Outlets Realty Hol
Jet Lending Llc	10000 Emmett F Lowry Expy, Texas City, TX 77591	03/27/2025	$ 3,900,000	1,002,063	1990	235,735	$ 39,926,700	$ 879,310	Jmk5 Mall Of The Mainland Llc
Truist Bank	4909 E 41st St, Tulsa, OK 74135	03/25/2025	$ 735,000,000	1,212,449	1990	305,373	$ 2,970,000	$ 1,067,000	Rcgtulsa Pm Llc
Ladder Capital Finance Llc	250 E Bolt St, Fort Worth, TX 76115	03/06/2025	$ 64,000,000	388,668	1960	117,949	$ 9,970,345	$ 1,166,004	Town Center Mall Lp

Mean$ 107,061,136

Median$ 21,084,000.0

Loan Amount Range$ 75,000 - $ 735,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1101 MELBOURNE RD STE 4042, HURST, TX 76053-6204	TEAVANA	8175909415	COFFEE & TEA PRODUCTSMANUFACTURERS
1101 MELBOURNE RD STE 4029, HURST, TX 76053-6204	AEROPOSTALE	8172684700	MEN'S CLOTHING & FURNISHINGS-RETAIL
1101 MELBOURNE RD STE 3012, HURST, TX 76053-6230	ZUMIEZ	8175952187	SPORTSWEAR-RETAIL
1101 MELBOURNE RD # B10, HURST, TX 76053-6205	FOSSIL ACCESSORY	8175952859	ACCESSORIES-FASHION
1101 MELBOURNE RD STE 4020, HURST, TX 76053-6200	FOREVER 21	8172842520	CLOTHING-RETAIL
1101 MELBOURNE RD # 53, HURST, TX 76053-6205	BUILD A BEAR WORKSHOP	6827579447	TOYS-RETAIL
1101 MELBOURNE RD STE 7003, HURST, TX 76053-6239	MASSAGE RENU	8172841557	MASSAGE THERAPISTS
1101 MELBOURNE RD STE 3055, HURST, TX 76053-6227	HELZBERG DIAMONDS	8172845311	JEWELERS-RETAIL
1101 MELBOURNE RD STE 3012 # L23, HURST, TX 76053-6230	ZUMIEZ	8175952187	SPORTING GOODS-RETAIL
1101 MELBOURNE RD STE 1000, HURST, TX 76053-6285	NORTH EAST MALL	8172843427	DEPARTMENT STORES

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License Details

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