Listed by Woodring Commercial
$1,395,000
9675 Helms Trail Forney, Tx
Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,595
Cap Rate 5.00%
Occupancy 60%
Lease Type NNN
Lease Term 5
Pro-Forma Cap Rate 8.60%
Acreage 1.930
Retail | 5.00% CAP | 2,595 SqFt
Marketing description
2,595 SF operating restaurant which is currently under a new 5-year lease along with detached 1,500 SF fully equipped catering facility. Catering Facility is currently vacant. Value added potential in leasing out the facility plus outdoor fenced storage adjacent to the warehouse. 8.6% CAP Proforma Indoor/Outdoor venue lends itself for nightly and weekly activities, games, live bands, etc. Two large commercial meat smokers approximately 20 ft. in length which are included in the sale. Both buildings sit on approximately 1.93 acres. Survey is attached.
Investment highlights
- Forney is one of the fastest growing cities, in the fastest growing county of Kaufman.
- Property is in close proximity to I-20, a major E/W highway, and only 25 minutes from the city of Dallas.
- Forney is currently growing at 11.37% annually and projects a population of 40k in 2024.
- 5-minutes West homes the largest convenient store chain, Buc-ee's, along with numerous other major retailers.
Listing Contacts
Listed by Woodring Commercial
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