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2000 N State Highway 121
Bonham, TX 75418
Retail Property For Sale


Executive Summary
-Across from 24-Hour Walmart Supercenter
-65 Miles Northeast of Dallas/Fort Worth Metroplex -Path of Growth - McKinney and Princeton
-New 5-Year Lease Extension - BELOW MARKET RENT of $11.13/Square Foot
-Original 10-Year Modified NNN Lease - Operating at Location Since 2015
-Landlord Responsible for Structure Only
-The Aaron's Company is owned by IQVentures Holdings, LLC, a fintech and investment firm.
-2015 Construction with Block Facade
-Located within Bonham’s Regional Trade Area Consisting of Approximately 40,000 Residents
-Highway 121 with 13,200 Cars/Day and Provides Direct Access to Dallas
-Surrounded by Several Schools with more than 2,000 Students
-Close Proximity to Sam Rayburn Memorial Veterans Center, Serving Over 100,000 Patients Annually
-Bonham is the County Seat and Commercial Center of Fannin County
-Next to Dollar Tree & Near National Retailers
-DFW Metroplex Trade Area
-65 Miles Northeast of Dallas/Fort Worth Metroplex -Path of Growth - McKinney and Princeton
-New 5-Year Lease Extension - BELOW MARKET RENT of $11.13/Square Foot
-Original 10-Year Modified NNN Lease - Operating at Location Since 2015
-Landlord Responsible for Structure Only
-The Aaron's Company is owned by IQVentures Holdings, LLC, a fintech and investment firm.
-2015 Construction with Block Facade
-Located within Bonham’s Regional Trade Area Consisting of Approximately 40,000 Residents
-Highway 121 with 13,200 Cars/Day and Provides Direct Access to Dallas
-Surrounded by Several Schools with more than 2,000 Students
-Close Proximity to Sam Rayburn Memorial Veterans Center, Serving Over 100,000 Patients Annually
-Bonham is the County Seat and Commercial Center of Fannin County
-Next to Dollar Tree & Near National Retailers
-DFW Metroplex Trade Area
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
B
Year Built
2015
Price
$1,272,300
Price Per SF
$159.04
Cap Rate
7%
NOI
$89,064
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.02 AC
Opportunity Zone
Yes
Frontage
381’ on State Hwy 121
Property Taxes
| Parcel Number | 121465 | Improvements Assessment | $487,750 |
| Land Assessment | $627,250 | Total Assessment | $1,115,000 |
Property Taxes
Parcel Number
121465
Land Assessment
$627,250
Improvements Assessment
$487,750
Total Assessment
$1,115,000
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