557 E US Highway 80 - Retail FOR SALE
Forney, TX 75126 |
557 E US Highway 80
Forney, TX 75126
HIGHLIGHTS
- 100% Leased 2024 Construction 3-Tenant Retail Center in Booming Submarket of Forney, Texas
- Average Primary Lease Term of Nine (9) Years with All Three (3) Tenants Experiencing Built in Rent Escalations During Primary Term
- Exceptional Visibility to Highway 80, Shallow Bay Depth, Partial Masonry Construction & Outdoor Patio for Brass Tap
- Average Household Income Exceeds $115,700, $132,500 and $128,800 in a One, Three and Five Mile Radius, Respectively
- Across Highway 80 from Over 800,000 SF of Restaurant, Retail and Entertainment GLA with Occupancy Rate Over 98.50% (CoStar)
- Population Increased by Over 706% since 2000 in Five Mile Radius
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
557 East US Highway 80
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Restaurant, Storefront Retail/Office, Medical
TOTAL BUILDING SIZE
9037
STORIES
1
YEAR BUILT
2024
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
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