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Gateway to the Village | Fully Leased Retail 5200 Colleyville Blvd 6,250 SF 100% Leased Retail Building Colleyville, TX 76034 For Sale
INVESTMENT HIGHLIGHTS
- Prime location.
- New city development upgrades.
- Fully occupied with recession-resistant tenants and scheduled rent escalations.
EXECUTIVE SUMMARY
Centrally-located and fully-occupied storefront retail located at the Gateway to the Village in Colleyville. Located on the essential Hwy 26/Colleyville Blvd thoroughfare. Recently updated by the City with new Gateway Tower, stone path, and landscaping feature for the Gateway development, plus freshly paved and striped parking lot. Recently painted Mediterranean/Spanish exterior. 6250 SF property with 5 units on +/- .52 acres.
A great value-add deal, with opportunities to take the property to the next level in this ideal location. High visibility with excellent traffic flow and easy ingress/egress this property is ideal for investors looking to penetrate the affluent and growing Colleyville submarket. Nearby rental comps prove huge rental upside.
This is in the heart of Colleyville - located in a key pedestrian corridor and walking distance to City Hall, Library, and surrounding dining and entertainment options found within the Village. Less than 15 minutes from DFW Airport! Safely located just across the street from Colleyville Fire Department's Central Station and just around the corner from the Colleyville Police Department. Nearby shopping and affluent residential areas.
The surrounding area is characterized by affluent demographics, with an average household income exceeding $175,000 within a one-mile radius and a population of over 340,000 residents within five miles.
A great value-add deal, with opportunities to take the property to the next level in this ideal location. High visibility with excellent traffic flow and easy ingress/egress this property is ideal for investors looking to penetrate the affluent and growing Colleyville submarket. Nearby rental comps prove huge rental upside.
This is in the heart of Colleyville - located in a key pedestrian corridor and walking distance to City Hall, Library, and surrounding dining and entertainment options found within the Village. Less than 15 minutes from DFW Airport! Safely located just across the street from Colleyville Fire Department's Central Station and just around the corner from the Colleyville Police Department. Nearby shopping and affluent residential areas.
The surrounding area is characterized by affluent demographics, with an average household income exceeding $175,000 within a one-mile radius and a population of over 340,000 residents within five miles.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,250 SF
Building Class
C
Year Built/Renovated
1981/2016
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.57 AC
Zoning
F1 Commercial - Retail, Office or Medical Office
Parking
30 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
560’ on Colleyville Blvd
AMENITIES
- 24 Hour Access
- Dedicated Turn Lane
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05878381 | Improvements Assessment | $804,146 |
| Land Assessment | $260,854 | Total Assessment | $1,065,000 |
PROPERTY TAXES
Parcel Number
05878381
Land Assessment
$260,854
Improvements Assessment
$804,146
Total Assessment
$1,065,000
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Gateway to the Village | Fully Leased Retail | 5200 Colleyville Blvd
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