2609 S Stemmons Fwy - Restaurant FOR SALE


Lewisville, TX 75067- Lewisville/Flower Mound
$2,938,053 USD
713-623-6944
2609 S Stemmons Fwy, Lewisville, TX for Sale
$2,938,053 USD
Restaurant - FOR SALE
1/1
null | 5.65% Cap Rate

2609 S Stemmons Fwy
Lewisville, TX 75067
Lewisville/Flower Mound


HIGHLIGHTS

  • Highly visible location along one of the primary north south commuter and regional corridors connecting Lewisville, Denton, and Dallas.
  • Positioned within an established big box and daily retail node that drives consistent traffic throughout the week.
  • Surrounded by mature neighborhoods and continued residential growth across Lewsiville, Flower Mound, Highland Village, and The Colony.

OVERVIEW

Hunington is excited to present the opportunity to purchase the fee simple interest in a BJ’s Restaurant and Brewhouse located at 2609 S. Stemmons, Lewisville, TX 75067. BJ’s Restaurant and Brewhouse is a nationally recognized, full service dining concept known for its broad menu, craft beer program, and strong brand presence across the United States. This offering represents an exceptional chance to acquire a ground lease under a well-positioned retail and dining asset in the Vista Ridge Marketplace anchored by Costco. Situated in a thriving retail corridor with convenient highway access, the property benefits from strong traffic drivers and is anchored by an established, high-quality tenant. Lease Type: Absolute Net Rent Ownership Type: Ground Lease Tenant Guarantor: Corporate NOI: $166,000.00 Cap Rate: 5.65% Primary Term: 20 Years Rent Increases: $182,000 on 10/1/2027 Lease Commencement: 10/1/2002 Lease Expiration: 9/30/2032 Building Size (Sq Ft) Approx. 9,000 SF Land Size (Acres): 1.59 AC Year Built: 2002

FOR SALE DETAILS

PRICE

$2,938,053 USD

PRICE/SF

$343 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

BJ’s Restaurant and Brewhouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

141

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,310 SF

ZONING

LI, Lewisville

APN/PARCEL ID

R239185

ASK ABOUT THIS PROPERTY

Jonathan AronHunington Properties, Inc.More Info
713-623-6944

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Jonathan AronHunington Properties, Inc.More Info
713-623-6944

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