302 FM 544 - Restaurant FOR SALE
Murphy, TX 75094 |
$3,784,400 USD
754-216-1154
302 FM 544
Murphy, TX 75094
HIGHLIGHTS
- Both Corporately Backed Tenants, FedEx (BBB Rating) and Denny's (B+ Rating), Have Demonstrated Strong Commitment to the Site
- The Property is Situated Within a 1-Mile Radius of an Affluent Area in the DFW Metro
- The Property is Located Less Than 0.25 Miles From the Southeast Corner of the Signalized Intersection of E Farm to Market 544
- The Property is Situated in the Primary Retail Corridor of Murphy, TX
- Texas is an Income Tax Free State
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,449 SF Denny's & FedEx Located at 302 West Farm to Market in Murphy, TX. Both Tenants, FedEx (BBB Rating) and Denny's (B+ Rating); Have Demonstrated Strong Commitment to the Site; Having Occupied the Space Since the Building's Completion in 2016, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$3,784,400 USD
PRICE/SF
$587 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Denny's & FedEx - Murphy, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Restaurant, Distribution
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,030 SF
ZONING
CG
APN/PARCEL ID
R-8281-00A-02R2-1
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754-216-1154
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754-216-1154
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