Listed by NAI Robert Lynn Fort Worth, NAI Robert Lynn Dallas
$3,844,825
2882 FM 157
Details
Property Type Retail
Sub Type Storefront
Square Footage 13,813
Cap Rate 8.00%
NOI $307,586
Tenancy Single
Year Built 2004
Buildings 1
Acreage 1.760
Zoning C-2
Parking Spaces per 1,000 sq ft
Ground Lease No
Retail | 8.00% CAP | 13,813 SqFt
Investment highlights
- 13,816 SF Freestanding CVS Pharmacy Situated on 1.76 Acres
- Hard Corner Lighted Intersection Positioning
- Direct Frontage to FM157/S Cooper St - Exceptionally Heavily Trafficked Corridor
- $100k+ Avg Household Incomes
- Rapidly Growing Upscale Suburb of Mansfield, TX
- Low Maintenance Absolute Net Lease
- Future Income Growth with Escalations Built into Renewals
- Tenant Has Strong Investment in Site with Over 20 Years of Occupancy
Listing Contacts
Listed by NAI Robert Lynn Fort Worth, NAI Robert Lynn Dallas
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$307,586.00
$25,632.17/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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