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1990 S Stemmons Fwy
Lewisville, TX 75067
Razzoo's Cajun Cafe · Retail Property For Sale
PROPERTY FACTS
Amenities
- Freeway Visibility
- Restaurant
About 1990 S Stemmons Fwy , Lewisville, TX 75067
Razzoo's is located at 1990 S Stemmons Fwy in Lewisville, Texas. The 6,607-square foot restaurant was built in 1996 and is situated on 1.378 acres of land. Micromont LLC ("Micromont") was formed in 2013 to own restaurant properties and its manager is Microproperties. Since inception Microproperties, its subsidiaries and affiliates have acquired on balance sheet or via co-investment approximately $250MM. Micromont has a current net worth in excess of $30MM. Bob Stetson heads both companies and has 30+ years of experience in both restaurant real estate and restaurant operations. Stetson was founder, director and CEO of the former public REIT US Restaurant Properties Inc (NYSE ticker USRP), which merged with CNL Restaurant Properties to form Trustreet (NYSE ticker TSY), which later sold to GE Capital for approximately $2.8B. Stetson currently sits on the board of Good Times Restaurants Inc (NASDAQ ticker GTIM) and in the past has served on several restaurant company boards, including Del Frisco's and Capital Grille. Prior to USRP, Stetson was President-Restaurant Division of Burger King Corporation and CFO of Pizza Hut. Lewisville, Texas, is a dynamic suburban community in the thriving North Texas region. Home to approximately 100,000 residents. Lewisville is a significant regional employer used by major corporations for both administrative headquarters and warehousing. With its location just minutes from DFW International Airport, and straddling two major highways, Lewisville is perfectly positioned for easy access to the rest of North Texas and the world. Razzoo’s is located near major national tenants including Main Event, Target, JCPenney, Macys, Sears, Cinemark, Walmart, and Vista Ridge Mall, a 1,046,000-square foot mall with 160 stores.
Links
PROPERTY TAXES
Parcel Number | R178305 | Improvements Assessment | $1,409,015 |
Land Assessment | $840,070 | Total Assessment | $2,249,085 |
PROPERTY TAXES
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Listing ID: 10874885
Date on Market: 12/6/2017
Last Updated:
Address: 1990 S Stemmons Fwy, Lewisville, TX 75067
The Retail Property at 1990 S Stemmons Fwy, Lewisville, TX 75067 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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