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MAJESTIC FINE WINES & SPIRITS|Corp. 20YR NNN-Bumps
NEC of Charles St. & Hebron Parkway, Hebron, TX 75093

Rep. Photo Exterior
Last Verified 11/25/2009
Listing ID 16423751
Highlights
20-Year Absolute NNN Lease | 10% Rental Increases Every 5-Years
Corporate Lease: 48 TX Locations | Founded in 1942 | $148M Sales
Store Sales Expected $5M+ | Seasoned Management Team Nearly Doubled Sales 2006-2009 Company Wide
#2 Retail Beverage Store Chain in TX | #1 Avg. Sales Per Store in TX
Closest Off-Premise Liquor Option for Parts of N. Dallas, W. Plano, Carrollton, Willow Bend and Castle Hills
Avg. HH Income (1-Mile): $179,755 - Source: 2009 US Census
Description
EXP Realty Advisors, as exclusive agent, is pleased to present for sale a brand new single tenant Majestic Fine Wines & Spirits super store in Hebron, Texas.
The subject property consists of a +/- 12,000 SF stand alone building on approximately 1.7 acres and is strategically located at the northeast corner of Charles Street and Hebron Parkway providing direct access to neighboring cities which do not allow liquor sales. This offering gives investors the unique opportunity to own an investment property leased to a well established (recession proof) tenant for 20 years with rental increases and virtually no landlord responsibility.
Hebron, Texas is 4.1+/- square miles in southeastern Denton County, that is surrounded by the cities of Plano, Carrollton, Lewisville, The Colony and Frisco, as well as the unincorporated community of Castle Hills. The only city adjacent to Hebron that allows the sale of spirits is The Colony, on the northern border of Hebron. The other communities allow the sale of beer and wine. In May 2009, Precinct 2 of Denton County, in which Hebron resides, held a local option election to allow the sale of all alcohol, including spirits for off-premises consumption. Majestic has strategically purchased this site for a 12,000 SF super store on Charles Street at Hebron Parkway in Hebron, Texas. This location will be the closest package liquor store for many residents of West Plano, the Willow Bend area, Castle Hills, Carrollton, parts of Far North Dallas and other high-income communities. New residential communities are springing up in Hebron, and as the city continues to grow the store will serve the new residents.
Map of NEC of Charles St. & Hebron Parkway, Hebron, TX 75093 (Collin County)
Created 10/7/2009
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P