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300 Fox Ave 2,576 SF Retail Building Lewisville, TX 75067 $990,000 ($384.32/SF) 7% Cap Rate
Investment Highlights
- Easily accessible location located off of I-35. 5-year lease in place.
Executive Summary
- Structure rebuilt in 2024 from foundation up.
- High End Finish Outs
- Two Tenant's leasing space
- Approximately 10,000sf of Outside Storage
- Easy access to I-35, 121 Business and Sam Rayburn Tollway
- High End Finish Outs
- Two Tenant's leasing space
- Approximately 10,000sf of Outside Storage
- Easy access to I-35, 121 Business and Sam Rayburn Tollway
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,576 SF
Building Class
B
Year Built
2024
Price
$990,000
Price Per SF
$384.32
Cap Rate
7%
NOI
$69,312
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
Commercial - GB
Parking
8 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
49’ on Fox Avenue
Moderately walkable
60/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $526,656 | |
| Land Assessment | $902,556 | Total Assessment | $1,429,212 |
Property Taxes
Parcel Numbers
Land Assessment
$902,556
Improvements Assessment
$526,656
Total Assessment
$1,429,212
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300 Fox Ave