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Northwest Plaza V 3851 Long Prairie Rd 12,759 SF 100% Leased Retail Building Flower Mound, TX 75028 $6,300,000 ($493.77/SF) 6.29% Cap Rate



INVESTMENT HIGHLIGHTS
- Stabilized 11,024 SF Retail Strip on NNN Leases with Ability to Lease Up Vacant 2nd Story 1,735 SF
- Value-Add Opportunity Leasing 2nd Floor Suite | Ability to Increase NOI
- Average Rent is Only $32/SF | Comparable Shop Space Leasing for $36/SF-$38/SF
- Outstanding Demographics | Over $177,000 Average Household Income in a 1 Mile Radius – Double the National Average
EXECUTIVE SUMMARY
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Anabelle's
- Retailer
- -
- -
- Triple Net
- Mar 2027
- Flower Mound Eye Care
- Health Care and Social Assistance
- -
- -
- Triple Net
- -
The Gideon Math & Reading keeps your child's education on track with affordable learning systems that work for children. With the world moving to online learning, children lose the personalized feedback from teachers and reading and math tutors, holding back development. While technology is often helpful, studies prove that pencil and paper are still the best way to remember and master math and reading skills and all types of learning. School doesn’t slow down no matter how far behind your child is in math or reading, especially in their new digital learning environment. They know you want to be confident in your child’s education. To do that, you need a system designed to keep your child’s learning on track. The problem is online learning and school schedules make it difficult to know how your child is doing, which worries you. At their renowned math and reading centers, they believe keeping up with your child’s education shouldn’t be difficult.
Schlotzsky’s opened in 1971 with a small restaurant on South Congress Ave. in Austin, Texas. Back then, they served only one sandwich — The Original. A unique combination of 13 ingredients served on toasted house-made sourdough bread. The Original, a sandwich as unique as the Schlotzsky’s name, is still served to this day, over 45 years later. Schlotzsky’s now spans across 35 states and has expanded their menu to serve up toasted sandwiches, artisan flatbreads, specialty pizzas, sliders, tacos, freshly tossed salads, gourmet soups and more. Schlotzsky’s is owned by Atlanta-based FOCUS Brands Inc., the franchisor and operator of over 5.5K Carvel, Cinnabon, Schlotzsky’s, Moe’s Southwest Grill, Auntie Anne’s, McAlister’s Deli and Seattle’s Best Coffee on certain military bases and in certain international markets.
- Tsunami Sushi & Grill
- Accommodation and Food Services
- -
- -
- Triple Net
- Apr 2030
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Anabelle's | Retailer | - | - | Triple Net | Mar 2027 | |
| Flower Mound Eye Care | Health Care and Social Assistance | - | - | Triple Net | - | |
|
Educational Services | - | - | Triple Net | Feb 2029 | |
|
Accommodation and Food Services | 3,200 SF | - | Triple Net | - | |
| Tsunami Sushi & Grill | Accommodation and Food Services | - | - | Triple Net | Apr 2030 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R288379 | Improvements Assessment | $3,008,552 |
| Land Assessment | $1,091,448 | Total Assessment | $4,100,000 |
PROPERTY TAXES
Presented by
Northwest Plaza V | 3851 Long Prairie Rd
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