This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1035 W Highway 287 Byp
Waxahachie, TX 75165
El Fenix · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Performing Corporate El Fenix with New, 15-Year NNN Lease in Growing DFW Submarket of Waxahachie, TX
- Close Proximity to Dallas (+/- 30 Minutes), Fort Worth (+/- 45 Minutes)
- Well-Positioned at the Intersection of U.S. Hwy 287 & US Route 77; Combined Traffic Counts of Over 86,000 VPD
- El Fenix was Founded in 1918 & has been Named “Best Tex-Mex” & “Best Margarita” Consecutive Years by D Magazine’s Reader’s Choice Award (Dallas)
PROPERTY FACTS
ABOUT 1035 W HIGHWAY 287 BYP , WAXAHACHIE, TX 75165
El Fenix is a 6,110 square foot, single-tenant net leased retail asset situated on 1.54 acres at the intersection of U.S. Highway 287 and U.S. 77 in Waxahachie, Texas with close proximity to Dallas (less than 30 minutes) and Fort Worth (less than 45 minutes). El Fenix is guaranteed by El Fenix Corporation, which is owned by Firebird Restaurant Group with over 50 locations in operation. At close of escrow, the tenant will sign a new, 15-year NNN Lease with 10% rent escalations every 5 years and in each of the two, 5-year renewal options.
PROPERTY TAXES
| Parcel Number | 216704 | Improvements Assessment | $480,374 |
| Land Assessment | $1,549,594 | Total Assessment | $2,029,968 |
PROPERTY TAXES
