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34384724
34384723

1533 W Hebron Pkwy, Carrollton, TX 75010 For Sale

RS
TX 0712965
Texas Legacy Realty
JJ
TX 820122
Texas Legacy Realty
Listed by Texas Legacy Realty
$1,750,000
3 days on market
Updated 3 days ago

Slap Burger

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,884
Cap Rate 6.92%
NOI $121,128
Tenancy Single
Lease Type NN
Lease Term 10
Lease Expiration 06/30/2035
Rent Bumps Yes
Lease Options 2x5 FMV
Year Built 1999
Acreage 0.890
Investment Type Net Lease
Lease Commencement 06/18/2025

Retail | 6.92% CAP | 2,884 SqFt

Marketing description

Strategically positioned at the southeast quadrant of Sam Rayburn Tollway (SH-121) and Hebron Parkway, 1533 W Hebron Parkway is a highly visible freestanding retail property in one of North Texas strongest commercial corridors. The property benefits from exceptional accessibility via the SH-121 frontage road, a signalized intersection, and a nearby median break, providing convenient access for traffic traveling in both directions. The site also features prominent monument signage and a drive-thru configuration, making it well suited for high volume quick-service restaurant operations.

The property is surrounded by established residential communities, nationally recognized retailers, and major employment centers throughout Carrollton, Plano, Lewisville, and The Colony. Its proximity to dense residential neighborhoods, and regional retail destinations creates a consistent customer base throughout the day.

Investment highlights

  • BRAND NEW LONG-TERM LEASE 10-year NN lease structure with 2% annual rent increases beginning in Year 6, providing built-in NOI growth and a hedge against inflation.
  • High Traffic Counts & Visibility Strategically positioned near the intersection of Sam Rayburn Tollway (107,960 VPD) and Hebron Parkway (21,767 VPD), offering excellent visibility and access to daily commuters.
  • Prime Retail Corridor Located in a dense, high performing retail trade area surrounded by national brands including Popeyes, Starbucks, McDonald's, and Sonic, driving consistent consumer traffic.

Listing Contacts

RS
TX 0712965
Texas Legacy Realty
JJ
TX 820122
Texas Legacy Realty
Listed by Texas Legacy Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$121,128.00
$10,094.00/mo

Valuation Metrics

0
DSCR
6.92%
Cap Rate
6.92%
ROI

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Additional Information

Name
Rafe Song
License
0712965
Brokerage
Texas Legacy Realty
Title
Real Estate Broker
Brokerage Address
3044 Old Denton Road
Name
Jake Jeong
License
820122
Brokerage
Texas Legacy Realty
Title
Real Estate Investment Sales Associate
Brokerage Address
3044 Old Denton Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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