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1401 W Business 380
Decatur, TX 76234
Orscheln's | 10yr Corp Abs NNN SLB · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 10-Year Sale Leaseback | Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
  • Across From Lowe’s Home Improvement | Retail Corridor | Nearby National/Credit Tenants
  • Located Within Opportunity Zone | Significant Tax Benefits
  • Rare Absolute Net Lease | Fee Simple Ownership | Zero Landlord Responsibilities | Brand New 2019 Construction
  • Major Surrounding Thoroughfares | Excellent Access | Dallas-Fort Worth Metroplex

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
44,913 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
9.05 AC
Zoning
C-2
Parking
200 Spaces (5.01 Spaces per 1,000 SF Leased)
Frontage
57’ on W Bus 380

AMENITIES

  • Freeway Visibility
  • Signage

ABOUT 1401 W BUSINESS 380 , DECATUR, TX 76234

The Orscheln Farm & Home Supply is strategically positioned along US Highway 380 Business, a connector road to multiple highways and thoroughfares that service the city of Decatur, averaging 7,800 vehicles passing by daily. From here, US Highway 380 (15,800 VPD) is less than 1 mile west and US Highway 81 & 287 (44,300 VPD) is approximately 0.50 miles northwest. The site is within a primary retail corridor and located across from a Lowe’s Home Improvement center with other nearby national/credit tenants, including a 24-hour Walmart Supercenter, O’Reilly Auto Parts, Tractor Supply Co., Dollar Tree, and more, increasing consumer traffic to the subject area. The 10-mile trade area is supported by nearly 28,000 residents and more than 16,000 employees. Residents within the immediate 5-mile trade area have an average household income of $81,269.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A0537900400
Land Assessment
$1,548,294
Improvements Assessment
$0
Total Assessment
$1,548,294
  • Listing ID: 17335923

  • Date on Market: 10/1/2019

  • Last Updated:

  • Address: 1401 W Business 380, Decatur, TX 76234

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