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Orangetheory Anchored Strip Center 4271 Esplanade Pl 8,953 SF 100% Leased Retail Building Flower Mound, TX 75028 $4,421,840 ($493.89/SF) 6.25% Cap Rate



Investment Highlights
- Orangetheory Fitness -Anchored Multi - Tenant Center
- Attractive Rental Increase Structures
- Premier Location Within The River Walk
- Value Proposition – Below Market Rent!
- High - Traffic Location
- Highly Affluent Demographics
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
8,953 SF
Building Class
B
Year Built
2019
Price
$4,421,840
Price Per SF
$493.89
Cap Rate
6.25%
NOI
$276,365
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.87 AC
Zoning
Commerial
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R1011391 | Improvements Assessment | $2,372,073 |
| Land Assessment | $1,327,927 | Total Assessment | $3,700,000 |
Property Taxes
Parcel Number
R1011391
Land Assessment
$1,327,927
Improvements Assessment
$2,372,073
Total Assessment
$3,700,000
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