3471 FM2499 - Retail FOR SALE


Corinth, TX 76210
$1,597,000 USD
415-481-0377
3471 FM2499, Corinth, TX for Sale
$1,597,000 USD
Retail - FOR SALE
1/2
null | 5.95% Cap Rate

3471 FM2499
Corinth, TX 76210


HIGHLIGHTS

  • Absolute NNN lease structure - zero Landlord maintenance or expense responsibilities
  • 10% rent increases every 5 years in base term and option periods
  • Significant capital investment by tenant
  • Build-to-Suit Scooter’s prototype with a drive-thru lane
  • Corinth 2499 Corners: a new retail development that features 7-Eleven and Scooter’s, with preliminary plans for a multi-tenant retail building

OVERVIEW

Situated in Corinth, a high-growth northern submarket of Dallas-Forth Worth, this newly constructed Scooter’s Coffee is surrounded by nearly 2,000 households within 3-miles boasting an average HHI of $152,504. Scooter’s benefits as the only drive-thru coffee location within 1-mile and its convenient location minutes from John H. Guyer High School (±2,500 students). Scooter’s is visible to ±35,000 VPD at the adjacent intersection.

FOR SALE DETAILS

PRICE

$1,597,000 USD

PRICE/SF

$2,405 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scooter's Coffee

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

-

APN/PARCEL ID

R765169

ASK ABOUT THIS PROPERTY

Andrew KlontzCP Partners CREMore Info
415-481-0377

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Andrew KlontzCP Partners CREMore Info
415-481-0377

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