1055 Market Way Rd - Freestanding FOR SALE


Argyle, TX 76226
$3,685,000 USD
858-373-3184
1055 Market Way Rd, Argyle, TX for Sale
$3,685,000 USD
Freestanding - FOR SALE
1/10
null | 4.75% Cap Rate

1055 Market Way Rd
Argyle, TX 76226


HIGHLIGHTS

  • Long Term Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options.
  • Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility Along FM-407 and Immediate Access to I-35W.
  • Chase (NYSE: JPM) features an S&P Investment Grade Credit Rating of “A+,” Annual Revenue of $177.42 Billion and Net Worth in excess of $344.7 Billion.
  • Within Harvest Town Center by Hillwood, part of the Alliancetexas Development - a Dynamic Mixed-Use Development.
  • The Harvest Community Development Combines Residential Options - 1,200 Acre Community including 3,900 Single-Family Homes, Townhomes, and Apartments.
  • Hillwood’s Founding Project, Alliance Texas, has been called One of the Best Mixed-Use Developments in the World.

OVERVIEW

Within AllianceTexas Development - 27,000-Acre Master-Planned Mixed- Use Community | Immediate Area Experiencing Major Growth | Densely Populated & Affluent Area: $204k+ Avg. HHI | Investment Grade Tenant

FOR SALE DETAILS

PRICE

$3,685,000 USD

PRICE/SF

$1,084 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CHASE BANK | ABSOLUTE NET GROUND LEASE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bank, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

-

APN/PARCEL ID

R1010326

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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