NWC of Gordon Heights Lane and FM 423 Ln - Retail FOR SALE


Little Elm, TX 75068
$6,000,000 USD
949-662-2252
NWC of Gordon Heights Lane and FM 423 Ln, Little Elm, TX for Sale
$6,000,000 USD
Retail - FOR SALE
1/4
null | 5% Cap Rate

NWC of Gordon Heights Lane and FM 423 Ln
Little Elm, TX 75068


HIGHLIGHTS

  • Affluent Trade Area: The surrounding community boasts an average household income exceeding $168,000, underscoring strong consumer purchasing power.
  • Exceptional Demographic Growth: The area has experienced approximately 9% annual population growth since 2020-ranking among the highest growth rates.
  • Premier Intersection Location: Strategically positioned at the intersection of U.S. Highway 380 (a major east-west arterial) and FM 423.
  • Recent Infrastructure Enhancements: Highway 380 has been recently expanded, including the addition of a newly constructed flyover.

OVERVIEW

Patrick Graham License # 9005919 (TX) Matthews Real Estate Investment Services, Inc 2699 Howell St., Suite 400, Dallas, TX 75204 (866) 889-0550

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$960 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Portillo’s

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

PD-254

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chad KurzMatthews Real Estate Investment ServicesMore Info
949-662-2252

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Chad KurzMatthews Real Estate Investment ServicesMore Info
949-662-2252

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