195 FM 548 - Retail FOR SALE


Forney, TX 75126- Forney/Combine
$5,937,000 USD
214-335-4068
195 FM 548, Forney, TX for Sale
$5,937,000 USD
Retail - FOR SALE
1/9
null | 6% Cap Rate

195 FM 548
Forney, TX 75126
Forney/Combine


HIGHLIGHTS

  • 100% Leased 2023 Construction 4-Tenant Retail Center in Booming Submarket of Forney, Texas
  • Average Base Lease Term Expiration of November 2034 with All Four (4) Tenants Experiencing Built in Rent Escalations During Primary Term
  • Average Household Income Exceeds $122,600, $132,700 & $127,200 in a One, Three & Five Mile Radius, Respectively
  • Across from Highway 80 Lies Over 800,000 SF of Restaurant, Retail & Entertainment GLA with Occupancy Rate Exceeding 99% (CoStar)
  • Population Increased by Over 748% Since 2000 in Five Mile Radius

OVERVIEW

Dunkin Donuts Retail Center is a 9,921 square foot retail center located on FM 548 situated approximately 20 minutes east of Downtown Dallas in the quickly growing DFW submarket of Forney, Texas. The Property was recently constructed in 2023 and is 100% leased to a complementary mix of restaurant, service and medical tenants including Dunkin’ Donuts, Jimmy John’s, Hollywood Feed and TOOTH. Hollywood Feed is corporately backed with over 180 locations across 19 states. Dunkin Donuts is backed by franchisee Quality Brand Groups which owns and operates over 180 Dunkin Donuts and Buffalo Wild Wings Go units. Additionally, Jimmy Johns franchisee operates 87 locations. The average base lease expiration is November 2034 with all tenants experiencing built in rent escalations during their primary terms. Dunkin Donuts Retail Center benefits from excellent visibility to FM 548, shallow bay depth, partial masonry construction, and an outdoor seating area for Dunkin Donuts. Notable national retailers in close proximity include Walmart, Kroger, Lowe’s, Brookshires, CAVA, Panera Bread, UPS, Torchy’s Tacos, T-Mobile and CVS amongst others.

FOR SALE DETAILS

PRICE

$5,937,000 USD

PRICE/SF

$598 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin Donuts Retail Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

-

APN/PARCEL ID

72609

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-335-4068

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Tommy TuckerSHOP CompaniesMore Info
214-335-4068

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