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- LoopNet Team
535 American Way
Terrell, TX 75160
Spec's Wine, Spirits & Finer Foods · Retail Property For Sale

PROPERTY FACTS
- Freestanding
- General Retail Storefront
- General Retail Supermarket
ABOUT 535 AMERICAN WAY , TERRELL, TX 75160
This freestanding, 12,180 square foot Spec’s, is situated on a 1.69 acre outparcel to the brand new 275,000 square foot Crossroads at Terrell Shopping Center, anchored by Hobby Lobby, Academy, Film Alley, Marshall’s, Ross and Burke’s. The 255 acre development plans to ultimately add more than 1,000,000 square feet of power center, mixed-use office, hotels and multi-family to the overall development. In addition, this site is located across the street from a 60,000 square foot Buc-ee’s convenience store with more than 90 gas gumps. Buc-ee’s is a Texas institution found across the Lone Star State on major Texas interstates and highways and offers products found at most convenience stores as well as Texas themed gifts, a deli, beef jerky and products catering to hunters and river rafters. All Buc-ee’s are open 24 hours per day, 365 days per year. The lease will have 15 years of lease term upon rent commencement with 10% rent increases every five (5) years in the primary term. The Tenant will be responsible for all day-to-day maintenance of the property as well as taxes and insurance. Landlord’s responsibilities are limited to roof, structure and foundation making for a passive investment.
LINKS
PROPERTY TAXES
| Parcel Number | 198667 | Improvements Assessment | $1,495,200 |
| Land Assessment | $1,329,800 | Total Assessment | $2,825,000 |
PROPERTY TAXES
Listing ID: 17542775
Date on Market: 10/24/2019
Last Updated:
Address: 535 American Way, Terrell, TX 75160
The Retail Property at 535 American Way, Terrell, TX 75160 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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