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109 TX-274
Kemp, TX 75143
Sonic Drive-In · Retail Property For Sale
Investment Highlights
- New 15-Year Ground Lease with 10 Percent Rental Escalations Every Five Years
- Ease of Access to Nearby Highway 175, Where Traffic Counts Exceed 10,853 Vehicles per Day
- Located on the Northern Shore of Cedar Creek Lake 46 Miles Southeast of Downtown Dallas
- Conveniently Located Near Several Schools (Kemp Intermediate, Junior, and High Schools) and the Newly Constructed Lakeside Health and Wellness Center,
- Includes a Large Playground Area
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,704 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.79 AC
Property Taxes
| Parcel Number | 179748 | Improvements Assessment | $627,360 |
| Land Assessment | $172,640 | Total Assessment | $800,000 |
Property Taxes
Parcel Number
179748
Land Assessment
$172,640
Improvements Assessment
$627,360
Total Assessment
$800,000
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