2672 FM 423
Little Elm, TX 75068
Applebee's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NNN lease w/ 11 years of term & 4, 5-year options remaining
- High growth submarket w/ median household incomes over $125,000
- Close proximity to Lowe’s & Walmart Supercenter
- Hobby Lobby shadow anchored
- Excellent visibility along FM 423
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,486 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.27 AC
Zoning
F1 - Commercial
Parking
74 Spaces (13.49 Spaces per 1,000 SF Leased)
Frontage
98’ on FM 423
AMENITIES
- Restaurant
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | R523350 | Improvements Assessment | $1,097,758 |
| Land Assessment | $1,102,242 | Total Assessment | $2,200,000 |
