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1308 S Hampton Rd
DeSoto, TX 75115
United Lynn Con Corp · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
15,000 SF
Building Class
C
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
3.87 AC
Zoning
C

ABOUT 1308 S HAMPTON RD , DESOTO, TX 75115

The subject single-tenant property consists of approximately 15,000 square feet, situated on 3.87 acres of land. Currently owner/occupied by United Lynn-Con Corporation, the seller will be exercising a sale/leaseback of 10 years due to commence upon closing. With a 10-year absolute triple-net leased investment and 2 percent annual rental increases, this showcases a stable, long-term investment in the highly desirable Dallas/Fort Worth metroplex. With more than 60 years of experience in the wholesale flooring industry, United Lynn-Con Corporation provides clients across the nation with all of their flooring needs. The 2015 official estimate U.S. Census has the Dallas/Fort Worth metroplex at 7,102,796, making it the largest metropolitan area in the South. During the 12-month period from July 2008 to July 2009, the Dallas-Fort Worth-Arlington metropolitan area gained 146,530 new residents, more than any other metropolitan area in the United States. The area's population has grown by about one million since the 2000 US census. The DallasFort WorthArlington MSA is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the 10th-largest in the Americas. The metroplex encompasses 9,286 square miles of total area: 8,991 square miles is land, while 295 square miles is water, making it larger in area than the U.S. states of Rhode Island and Connecticut combined. It also has the fourth largest gross metropolitan product (GMP) in the United States, and approximately tenth largest by GMP in the world.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
65077447510620000
Land Assessment
$530,330
Improvements Assessment
$560,600
Total Assessment
$1,090,930
  • Listing ID: 5870935

  • Date on Market: 2/16/2017

  • Last Updated:

  • Address: 1308 S Hampton Rd, DeSoto, TX 75115

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