310 Tx-557 SpurTerrell, TX 75160
High-Yield NNN Lease Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 93
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
Nearby Similar for Sale
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