310 Tx-557 SpurTerrell, TX 75160

For Sale
$5,000,000

High-Yield NNN Lease Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a brand-new, 8,903 square foot Twin Peaks restaurant in Terrell, Texas, located within the Dallas/Fort Worth MSA. Situated as an outparcel to a thriving shopping center anchored by major retailers like Hobby Lobby, Academy Sports + Outdoors, Ross Dress for Less, Five Below, Petco, and Ulta Beauty, this property benefits from a prime location in a densely populated and rapidly growing retail corridor serving Kaufman and Van Zandt counties. The 20-year absolute net lease, backed by a corporate guarantee from a company with over 100 locations across the US and Mexico, provides exceptional security and predictable cash flow. The property boasts a 6.00% cap rate and a $300,000 annual net operating income (NOI), with an asking price of $5,000,000 ($561.61/sq ft). Built in 2024, this single-tenant property enjoys 100% occupancy and is projected to open in Summer 2024. The affluent suburban community surrounding the property boasts average household incomes exceeding $100,000 within a 10-mile radius, and a population exceeding 117,300 within the same area, with significant population growth projected over the next five years. This is a rare opportunity to acquire a high-performing, low-risk investment in a dynamic and expanding market within an income tax-free state. The one-acre lot provides ample space for the restaurant and future expansion. This sale-leaseback structure offers a secure, long-term investment with substantial upside potential.

Highlights

  • Brand-new, 8,903 SF Twin Peaks restaurant in Terrell, TX (Dallas/Fort Worth MSA).
  • Located in a thriving shopping center anchored by major retailers.
  • 20-year absolute net lease with corporate guarantee; 6.00% cap rate, $300,000 annual NOI, $5,000,000 asking price ($561.61/SF).
  • 100% occupancy; projected opening Summer 2024.
  • High-income area ($100,000+ avg. household income within 10 miles); significant population growth projected.
  • One-acre lot; sale-leaseback structure.

Property Details for 310 Tx-557 Spur

Property type
Other retail properties, Restaurants
Square Feet
8,903 SF
Year Built
2024
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Terrell
County
Kaufman
State
Texas
Latitude
32.7233585
Longitude
-96.3267361
310 Tx-557 Spur, Terrell, Texas

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310 Tx-557 Spur
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