955 State Highway 121 - Freestanding FOR SALE


Allen, TX 75013
$5,800,000 USD
214-960-2887
955 State Highway 121, Allen, TX for Sale
$5,800,000 USD
Freestanding - FOR SALE
1/5
null | 6.5% Cap Rate

955 State Highway 121
Allen, TX 75013


HIGHLIGHTS

  • Corporately Guaranteed Net Leased Asset Located in the Affluent High Growth DFW Submarket of Allen, TX
  • Cap Rate Goes to 6.87% in 2027
  • Tenant is Wholly Owned Subsidiary of Berkshire Hathaway Entity
  • Situated along TX-121 (75,300+ VPD); Exceptional Positioning to Two-Notable DFW Thoroughfares
  • Strong Fundamentals with Parallel Positioning with Excellent Visibility Along TX-121, Masonry Construction and an Outdoor Patio
  • Average Household Incomes of $201,000 & $167,200 in 1 & 3 Mile Radii, Respectively

OVERVIEW

CORPORATE NET LEASED ASSET THROUGH 2032 WITH TENANT AS WHOLLY OWNED SUBSIDIARY OF BERKSHIRE HATHAWAY ENTITY

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$543 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ebby Halliday

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

PD 92

APN/PARCEL ID

R-8748-00B-009R-1

ASK ABOUT THIS PROPERTY

Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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Tommy TuckerSHOP CompaniesMore Info
214-960-2887

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