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1990 S Stemmons Fwy
Lewisville, TX 75067

Razzoo's Cajun Cafe · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,607 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.38 AC
Parking
91 Spaces
Frontage
344 FT on South Stemmons Freeway

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R178305
Land Assessment
$840,070
Improvements Assessment
$1,409,015
Total Assessment
$2,249,085
  • Listing ID: 10874885

  • Date on Market: 12/6/2017

  • Last Updated:

  • Address: 1990 S Stemmons Fwy, Lewisville, TX 75067

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