543 E FM 3040 - Restaurant FOR SALE


Lewisville, TX 75067- Lewisville/Flower Mound
$3,650,565 USD
626-236-3823
543 E FM 3040, Lewisville, TX for Sale
$3,650,565 USD
Restaurant - FOR SALE
1/5
null | 6.55% Cap Rate

543 E FM 3040
Lewisville, TX 75067
Lewisville/Flower Mound


HIGHLIGHTS

  • Hedge Against Inflation: 8% rent increase in July 2029, with 10%+ bumps scheduled at each option.
  • Large Lot Size: Property benefits from large lot size of 1.14 acres.
  • Ideal Location: Prime signalized corner location with full visibility off E Round Rd (40K vehicles per day), just off major highway I-35
  • Nearby National Retailers: Additional national retailers in the area include Target, Walmart, Kroger, Chick-fil-A, Starbucks, and Home Depot.

OVERVIEW

Zero Landlord Responsibilities: Absolute NNN lease with over 8 years remaining, requiring minimal landlord involvement as the tenant covers insurance, taxes, and maintenance expenses. Strong Franchisee: Apple Texas Restaurants operates over 80 Applebee’s locations and is a subsidiary of SSCP Management, a proven multi-brand operator with over 500 units, including CiCi’s Pizza, Corner Bakery, Roy’s Fine Dining, and Sonic.

FOR SALE DETAILS

PRICE

$3,650,565 USD

PRICE/SF

$618 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Applebee's Neighborhood Bar and Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,737 SF

ZONING

-

APN/PARCEL ID

R171345

ASK ABOUT THIS PROPERTY

Dorothy LeeStream Capital PartnersMore Info
626-236-3823

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Dorothy LeeStream Capital PartnersMore Info
626-236-3823

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