1909 Justin Rd - Fast Food FOR SALE


Flower Mound, TX 75028
$2,904,000 USD
480-221-4221
1909 Justin Rd, Flower Mound, TX for Sale
$2,904,000 USD
Fast Food - FOR SALE
1/6
null | 5.5% Cap Rate

1909 Justin Rd
Flower Mound, TX 75028


HIGHLIGHTS

  • 10+ Years Remaining | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard-Corner Intersection (41,900 VPD) | Strong National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The tenant recently has approximately 10+ years remaining on its lease with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features a 10% rental increase every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$2,904,000 USD

PRICE/SF

$750 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dairy Queen | 10+ Yrs Remaining

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,621 SF

ZONING

Commercial

APN/PARCEL ID

R205479

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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