150 N Preston Rd - Fast Food FOR SALE
Prosper, TX 75078 |
150 N Preston Rd
Prosper, TX 75078
HIGHLIGHTS
- Absolute NNN Lease Featuring No Landlord Responsibilities and 1.25% Rental Increases Annually
- Mason-Harrison-Ratliff, the Brand's Largest Franchisee (300+ Units), has Nearly 20 Years of Operating History at this Location
- Well Above Average Performing Store with Just Over Seven (7) Years of Lease Term Remaining and No Renewal Options
- 1.00 Acre Site Fronts Preston Road (42,872 VPD) and is Located Just East of 6A Prosper High School (3,875 Enrollment) and Prosper ISD
- Affluent Trade Area with an Average Household Income of over $203K within a 1-Mile Radius of the Subject Property
- Prosper, Texas, Is Considered the Second Fastest-Growing City in North Texas, According to Dallas Business Journal
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Sonic Drive-In
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
1545
STORIES
1
YEAR BUILT
2004
SPRINKLERS
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PARKING SPACES
69
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R-12372-000-000K-1,R-8832-00A-0010-1
