141 N Murphy Rd - Restaurant FOR SALE


Murphy, TX 75094
$2,963,500 USD
469-867-2850
141 N Murphy Rd, Murphy, TX for Sale
$2,963,500 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

141 N Murphy Rd
Murphy, TX 75094


HIGHLIGHTS

  • Heavy daytime traffice with 24,000 cars + daily
  • Real Estate or Business + Real Estate is Offered
  • Salon Business for sale

OVERVIEW

Great location in Murphy on busy Murphy Road with 24,000 cars daily on this highly visible retail strip center. 4990sf of retail with two tenants and also has 20,000sf of land for phase II which can be another 3000sf of retail. There has been lots of interest from coffee users for phase II. breakdown of NNN investment and land pricing: - NNN investment $2,563,500 with noi of $153,810 caprate of 6% - 20,000sf of land $400,000 ($20psf)

FOR SALE DETAILS

PRICE

$2,963,500 USD

PRICE/SF

$594 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

retail

APN/PARCEL ID

R2818684

ASK ABOUT THIS PROPERTY

Erick MarquezRise DFW Real EstateMore Info
469-867-2850

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Erick MarquezRise DFW Real EstateMore Info
469-867-2850

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.