Twin Peaks | 310 Spur 557
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Twin Peaks 310 Spur 557
8,903 SF Retail Building Terrell, TX 75160 $5,000,000 ($562/SF) 6% Cap Rate
Investment Highlights
- 20-Year Corporate Absolute-Net Sale-Leaseback
- Dense & Growing Retail Corridor
- Brand-New Construction | 8,903 Square Foot Building Sits as an Outparcel
Executive Summary
- 20-Year Corporate Absolute-Net Sale-Leaseback | Lease Will be Backed by 100+ Locations in 26 States, in the US and Mexico | Deep Pipeline of New Units Coming Online
- Brand-New Construction | 8,903 Square Foot Building Sits as an Outparcel to a Large Shopping Center Anchored by Hobby Lobby, Academy Sports + Outdoors, Ross Dress For Less, Five Below, Petco, and Ulta Beauty | Property is Projected to Open for Business in Summer of 2024
- Dense & Growing Retail Corridor | Property is Located in a Dynamic Trade Area with Significant Ongoing Development that Services all of Kaufman and Van Zandt Counties | Expectation for this to Become a Primary Retail and Commercial Hub for the Region
- Affluent Suburban Community | Average Household Income Exceeds $100,000 for Homes within 10 Miles of the Subject Property
- Robust Demographics | Population Exceeds 117,300 Individuals within a 10-Mile Radius | Substantial Population Growth Projected into the Next Five Years
- Brand-New Construction | 8,903 Square Foot Building Sits as an Outparcel to a Large Shopping Center Anchored by Hobby Lobby, Academy Sports + Outdoors, Ross Dress For Less, Five Below, Petco, and Ulta Beauty | Property is Projected to Open for Business in Summer of 2024
- Dense & Growing Retail Corridor | Property is Located in a Dynamic Trade Area with Significant Ongoing Development that Services all of Kaufman and Van Zandt Counties | Expectation for this to Become a Primary Retail and Commercial Hub for the Region
- Affluent Suburban Community | Average Household Income Exceeds $100,000 for Homes within 10 Miles of the Subject Property
- Robust Demographics | Population Exceeds 117,300 Individuals within a 10-Mile Radius | Substantial Population Growth Projected into the Next Five Years
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,903 SF
Building Class
B
Year Built
2024
Price
$5,000,000
Price Per SF
$562
Cap Rate
6%
NOI
$300,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.00 AC
Frontage
239 FT on American Way
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $7,884,626 | |
Land Assessment | $6,657,600 | Total Assessment | $14,542,226 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,657,600
Improvements Assessment
$7,884,626
Total Assessment
$14,542,226
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Twin Peaks | 310 Spur 557
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.