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34186347
34186346

3471 FM 2499, CORINTH, TX 76210 For Sale

TT
TX 850939
SHOP Companies
TA
TX 850939
SHOP Companies
Listed by SHOP Companies
$1,544,000
19 days on market
Updated 7 days ago

Scooter's Coffee Ground Lease

Details
APN 1044953
Property Type Retail
Square Footage 664
Cap Rate 6.15%
Occupancy 100%
Tenancy Single
Brand/Tenant Scooter's Coffee
Lease Term 10
Lease Expiration 03/31/2035
Remaining Term 10
Rent Bumps Yes
Year Built 2024
Acreage 0.720
Lease Commencement 04/01/2025
Ground Lease Yes

Just Listed: Scooter's Coffee Ground Lease | $1,544,000 | H-E-B Grocery Owned Land Adjacent | Corint

Marketing description

Scooter’s Coffee Ground lease is a 664 square foot drive-thru asset situated adjacent to the intersection of Teasley Lane and Village Parkway in the affluent, highly desirable northern DFW submarket of Corinth, Texas. The Property is positioned on +/- 0.72 acres of land, offering long-term residual value, and is approximately 40 minutes north of Downtown Dallas, 30 minutes north of DFW International Airport and 10 minutes south of Denton. Recently constructed in 2024, the Property benefits from a highly visible monument sign fronting Village Parkway, direct ingress/egress access, and a drive thru. Notable national retailers in the area include Kroger, CVS Pharmacy, 7-Eleven, Walgreens, McDonalds, AutoZone, Pizza Hut and Smoothie King, among numerous others.

Investment highlights

Drive Thru Asset Located in the Affluent, Growing North Dallas Submarket of Corinth, Texas

10-Year Base Term With a 10% Rent Escalation in April 2030

Located on an Oversized +/- 0.72 Acres Parcel Directly Adjacent to HEB Grocery Company LP Owned Land

Strong Fundamentals: Parallel Position to the Road, Drive Thru & Prominent Monument Sign

Average Household Income Over $154,600, $165,000 and $162,600 Within 1, 3 & 5 Mile Radii, Respectively

Located Directly Adjacent to the Intersection of Teasley Lane and Village Parkway (Combined 36,500+ VPD)

5,000+ Combined Students Enrolled at Nearby John H. Guyer High School, Crownover Middle School, Hawk Elementary, and Lake Dallas High School

More than 141,000 People Live Within a 5 Mile Radius

Nearby National Retailers Include Kroger, CVS Pharmacy, 7-Eleven, Walgreens, McDonalds, AutoZone, Pizza Hut and Smoothie King, Among Numerous Others

Listing Contacts

TT
TX 850939
SHOP Companies
TA
TX 850939
SHOP Companies
Listed by SHOP Companies

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Additional Information

Name
Tommy Tucker
License
850939
Brokerage Phone
4693829318
Name
Tyler Albin
License
850939
Brokerage Phone
4693829318
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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