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Club 4 Fitness & Ninja Nation 200 E FM 544

62,110 SF 100% Leased Retail Building Murphy, TX 75094 $9,500,000 ($153/SF) 8.23% Cap Rate

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Investment Highlights

NNN leases provide ease of management with both tenants reimbursing their pro rata share of expenses.
Located at the SEC of the signalized intersection of E Farm to Market 544 and S Murphy Rd which has a combined traffic count of 54,960 VPD.

The trade area has an average household income of $170,000 within a 1 mile radius.
Texas is one of seven states that does not impose a state income or investment tax.

Executive Summary

Stream Capital Partners is pleased to present the opportunity to acquire a two-tenant asset located in Murphy, TX, an affluent suburb of Dallas. The property is comprised of 62,110 SF on 5.92 acres.
The asset is ideally positioned at the SEC of FM 544 and Murphy Rd, which have combined traffic counts of approximately 55,000 VPD. This location is the primary intersection in Murphy, with Walmart, Lowe’s, and Hobby Lobby occupying the other corners.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Supermarket

Building Size

62,110 SF

Building Class

Year Built

1999

Price

$9,500,000

Price Per SF

$153

Cap Rate

8.23%

NOI

$782,240

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.24

Land Acres

5.92 AC

Zoning

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