4842 Main St | The Colony, TX 75056
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- LoopNet Team
4842 Main St
The Colony, TX 75056
New Dutch Bros | 15 YR Abs NNN Ground Lease · Retail Property For Sale
Investment Highlights
- Dutch Bros: Strong National Tenant with Corporate Guaranty of Lease (NYSE: Bros) | Annual Revenue: Over $739m (2022)
- Growing Income Stream With 10% Rental Increases Every 5-Years
- The Colony / Upscale Dallas-Fort Worth Suburb
- New Long Term 15-Year Absolute NNN Ground Lease | 4 (5-Year) Options to Extend Lease Term For A Potential Total of 35 Years
- Brand New 2023 Construction | Double Drive-Thru | Grand Opening Slated For 4th Quarter 2023
- Strong Trade Area Demographics within 5 Miles | Over $148,000 AHHI
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
950 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.01 AC
Zoning
Commercial
Parking
37 Spaces (38.95 Spaces per 1,000 SF Leased)
Frontage
147 FT on Main Street
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Number | R153804 | Improvements Assessment | $595,318 |
| Land Assessment | $1,104,682 | Total Assessment | $1,700,000 |
PROPERTY TAXES
Parcel Number
R153804
Land Assessment
$1,104,682
Improvements Assessment
$595,318
Total Assessment
$1,700,000
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