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3541 Plano Pkwy
The Colony, TX 75056
Andy's Frozen Custard · Retail Property For Sale
PROPERTY FACTS
ABOUT 3541 PLANO PKWY , THE COLONY, TX 75056
The SVN Colvin Team and SVN Rankin are excited to offer this very attractive and affordable Texas investment property in the fast-growing North Dallas Suburban area of Lewisville/The Colony. This sharp looking building was completed in late 2016 for Andy’s Frozen Custard. The lease is for 20 years, is absolute triple net and has annual rent increases! The tenant is an experienced Andy’s franchisee. This opportunity offers an advantage to deduct more depreciation expense than a regular fee simple property does as you are buying just the building. You can depreciate 100% of your cost, giving you more of a tax shelter on your cash flow. The underlying land lease is paid for by the tenant and co-terminus with the Andy’s lease and renewals.
PROPERTY TAXES
| Parcel Number | R669069 | Improvements Assessment | $542,942 |
| Land Assessment | $811,305 | Total Assessment | $1,354,247 |
PROPERTY TAXES
