960 State 121 hwy - Freestanding FOR SALE


Lewisville, TX 75057- Lewisville/Flower Mound
$3,190,000 USD
469-694-4189
960 State 121 hwy, Lewisville, TX for Sale
$3,190,000 USD
Freestanding - FOR SALE
1/5
null | 5% Cap Rate

960 State 121 hwy
Lewisville, TX 75057
Lewisville/Flower Mound


HIGHLIGHTS

  • 2022 Construction. 2,824+/- SF Building. 1.34+/- Acre Site
  • High-Traffic Signalized Corner Location on State Highway 121 (47,452 VPD)
  • Excellent Underlying Real Estate Fundamentals | Large 1.4 Parcel on Signalized Corner of Two Major Thoroughfares in North Dallas
  • Lewisville is an Established DFW Suburb | 135,983+ Residents | $89,233+ Median Household Income
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $4.28B in Revenue Across 1,800+ Locations
  • Lewisville | Located in the Dallas–Fort Worth Metroplex — 4th Largest MSA in the U.S. | Population: 135,983+

OVERVIEW

15-Year Absolute NNN Ground Lease with 10% Rent Increases Every 5 Years in Primary Term & 4 Option Periods

FOR SALE DETAILS

PRICE

$3,190,000 USD

PRICE/SF

$1,130 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Murphy USA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

15.66 AC

LAND SF

682,159 SF

ZONING

-

APN/PARCEL ID

R981222

ASK ABOUT THIS PROPERTY

Kyle VarniSecure Net LeaseMore Info
469-694-4189

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Kyle VarniSecure Net LeaseMore Info
469-694-4189

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