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5624 Watauga Rd 8,030 SF 100% Leased Retail Building Watauga, TX 76148 For Sale
Investment Highlights
- Immediate income from Seller Leaseback
- Flexible multi-tenant or owner-user configuration
- Modern metal construction with strong curb appeal
- New construction minimizes near-term capital expenditures
- Corner location with excellent accessibility
- Ample parking, with flexible use potential
Executive Summary
Rare opportunity to acquire a newly constructed 8,030 SF freestanding commercial building situated on 1.11 acres in the heart of Watauga, Texas. The offering combines immediate cash flow through a seller leaseback of approximately 2,000 SF with significant upside through occupancy of the remaining 6,030 SF. Built in 2023, the property features modern metal construction, drive-through capability, multiple grade-level doors, ample parking, and flexible space suitable for a variety of commercial, retail, entertainment, and service users. Investors benefit from in-place income and future leasing opportunities, while owner-users can occupy the majority of the building while offsetting ownership costs through rental revenue.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
8,030 SF
Building Class
C
Year Built
2023
Percent Leased
100%
Building Height
1 Story
Building FAR
0.20
Lot Size
0.91 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 42996692 | Improvements Assessment | $1,959,487 |
| Land Assessment | $256,808 | Total Assessment | $2,216,295 |
Property Taxes
Parcel Number
42996692
Land Assessment
$256,808
Improvements Assessment
$1,959,487
Total Assessment
$2,216,295
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5624 Watauga Rd
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