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3020 Justin Rd
Highland Village, TX 75077
Freestanding Second Gen Restaurant Building · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Location: High-traffic intersection in front of Wal-Mart, attracting significant vehicle traffic.
- Perfect for owner/users or investors. Priced accordingly to the market, this property is perfect for both operators and investors
- Don’t miss out on the opportunity to acquire a fully finished out 2nd generation restaurant.
- Land Area: Expansive lot size of just under 1.5 AC, offering potential for future expansion or redevelopment.
- Finish-Out: the building is currently finished out as a class-A restaurant, and FF&E are negotiable to stay or go.
EXECUTIVE SUMMARY
Available for sale is a single-tenant freestanding restaurant building located at 3020 Justin Rd. Highland Village, TX 75077. The property is strategically located just E. of the hard corner of Justin Rd. and Village Pkwy., more specifically fronting Justin Rd. on an pad site directly in front & contiguous to Wal-Mart. This property offers a ~5,000 sq. ft . building situated on ~1.5 AC making this one of the largest single-tenant pads in the neighborhood. The building is currently leased to Honeyberry Pancakes & Cafe; however, the Tenant will vacate prior to closing and a vacant property will be conveyed at closing (if interested in the Tenant staying, please reach out to the agent to discuss).
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,972 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.45 AC
Zoning
PD-R - There are CCR's that will need to be considered, but most restaurant uses allowed.
Frontage
170’ on FM 407
AMENITIES
- Restaurant
PROPERTY TAXES
| Parcel Number | R285048 | Improvements Assessment | $806,391 |
| Land Assessment | $1,259,900 | Total Assessment | $2,066,291 |
PROPERTY TAXES
Parcel Number
R285048
Land Assessment
$1,259,900
Improvements Assessment
$806,391
Total Assessment
$2,066,291
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