560 US 80 hwy - Retail FOR SALE


Forney, TX 75126- Forney/Combine
$3,430,000 USD
214-915-8896
560 US 80 hwy, Forney, TX for Sale
$3,430,000 USD
Retail - FOR SALE
1/7
null | 5.25% Cap Rate

560 US 80 hwy
Forney, TX 75126
Forney/Combine


HIGHLIGHTS

  • 2024 Construction. 4,694+/- SF Building on 1.36+/- Acre Site
  • Located Along U.S. Highway 80 (56,000+ VPD), Primary East–West Arterial Connecting Forney Directly to Downtown Dallas (~18 Miles)
  • Anchored by Kroger (Ranked #6, Top 3% in TX & #25, Top 2% in U.S.), Walmart Supercenter (2M+ Visitors/Yr), & Near Many Other National Brands
  • Near The Villages at Gateway, a ±120-AC Retail Development Anchored by Home Depot, H-E-B (131,000 SF), Target, & More
  • National Credit Tenant: Outback Steakhouse Operates Under Bloomin’ Brands, Inc.: ,450+ Stores Worldwide & $4.5B+ in Revenue
  • Forney | One of the Fastest-Growing Cities in Texas & DFW MSA | Population: 38,532+; MSA: 8.3M+

OVERVIEW

10-Year Ground Lease with 10% Rental Increases Every 5 Years, In Primary Term & Options, Plus (4), 5-Year Options to Renew

FOR SALE DETAILS

PRICE

$3,430,000 USD

PRICE/SF

$731 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Outback Steakhouse

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

-

APN/PARCEL ID

240897

ASK ABOUT THIS PROPERTY

Anthony PucciarelloSecure Net LeaseMore Info
214-915-8896

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

Anthony PucciarelloSecure Net LeaseMore Info
214-915-8896

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