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509 W Fm 544
Murphy, TX 75094
Goodyear Tire Store · Retail Property For Sale
Investment Highlights
- Absolute triple net lease with zero landlord responsibilities.
- Adjacent to Walmart Supercenter, and other major retailers.
- Increasing rent to market rent (23.73 per foot) would yield an additional $30,888 per year in NOI.
- High visibility location with 37,000 cars per day on West FM 544.
- Significant upside by increasing rent to market rate when lease renews in November 2021.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,864 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.78 AC
Zoning
Lt Commercial - Light Industrial Commercial.
Parking
26 Spaces (3.79 Spaces per 1,000 SF Leased)
Frontage
120’ on W FM 544
Property Taxes
| Parcel Number | R-9582-00A-0010-1 | Improvements Assessment | $1,060,742 |
| Land Assessment | $953,344 | Total Assessment | $2,014,086 |
Property Taxes
Parcel Number
R-9582-00A-0010-1
Land Assessment
$953,344
Improvements Assessment
$1,060,742
Total Assessment
$2,014,086
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