740 Adams Dr - Storefront FOR SALE


Weatherford, TX 76086
$3,263,040 USD
925-390-8518
740 Adams Dr, Weatherford, TX for Sale
$3,263,040 USD
Storefront - FOR SALE
1/5
null | 6.25% Cap Rate

740 Adams Dr
Weatherford, TX 76086


HIGHLIGHTS

  • New 10-Year Lease Extension with Cellular Sales
  • Scheduled Increases in Rent
  • Primary Retail Hub for Parker County
  • Direct Interstate 20 Access and Visibility
  • Strong Traffic Counts - 65,572 VPD
  • Income Tax Free State

OVERVIEW

This offering presents the opportunity to acquire a freestanding Verizon property in Weatherford, Texas, secured by a new 10-year lease extension beginning in February 2026. The lease includes a scheduled rent increase in Year 6 and two additional five-year renewal options. The 4,500 square foot property is located within the Weatherford Ridge shopping center and benefits from excellent visibility along Interstate 20, which sees approximately 65,572 vehicles per day. It is also just minutes from State Highway 171, with traffic counts of 16,723 vehicles per day, providing convenient access to the greater Dallas–Fort Worth Metroplex. The asset features a favorable lease structure with clearly defined maintenance responsibilities and generates a Net Operating Income of $203,940. Situated in Texas, a state with no income tax, the property offers investors a stable income stream in a growing, business-friendly market.

FOR SALE DETAILS

PRICE

$3,263,040 USD

PRICE/SF

$725 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon Net Leased Offering

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,490 SF

ZONING

F1

APN/PARCEL ID

R000095113

ASK ABOUT THIS PROPERTY

Jason DenhamThe Kase GroupMore Info
925-390-8518

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

Jason DenhamThe Kase GroupMore Info
925-390-8518

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