2521 Stemmons FwyLewisville, TX 75067

For Sale
Call for price

19,000 SF NNN Leaseback, Strong Tenant

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 19,000-square-foot retail storefront in Lewisville, Texas, situated on a 2.07-acre lot. The property boasts a 15-year absolute NNN lease with Tailored Brands, a leading omnichannel menswear retailer with over 1,000 stores globally and annual revenue exceeding $2.9 billion. The lease features a $18.00 per square foot rental rate and 2% annual rent bumps, providing predictable income growth. The property is 100% occupied and generates a net operating income (NOI) of $342,000. Built in 1999, this single-story building benefits from a prime retail location in the Dallas-Fort Worth MSA, with convenient access to Interstate 35E and the Sam Rayburn Tollway. The surrounding area boasts high household incomes and a substantial population base. The lease includes four, five-year renewal options, further enhancing the long-term value and stability of this investment. This sale-leaseback transaction offers a secure and lucrative opportunity for investors seeking a strong, established tenant with a proven track record. The property is fee simple ownership.

Highlights

  • 15-Year Absolute NNN Lease with 2% annual rent increases.
  • Prime retail location in the Dallas-Fort Worth MSA.
  • High-income demographics: Over $123K average household income and 256K+ residents within five miles.
  • Excellent access to Interstate 35E and the Sam Rayburn Tollway.
  • Strong, creditworthy tenant: Tailored Brands, a major menswear retailer.

Property Details for 2521 Stemmons Fwy

Property type
Other retail properties, Individual retail properties
Square Feet
19,000 SF
Year Built
1999
Buildings
1
Stories
1
Lot Size (sq. ft)
90,169 SF
Units
1

Location Insight

City
Lewisville
County
Denton
State
Texas
Latitude
33.001432766473
Longitude
-96.963742537034
2521 Stemmons Fwy, Lewisville, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2521 Stemmons Fwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message