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- LoopNet Team
6200 Morriss Rd
Flower Mound, TX 75028
Driver's Edge Auto Repair · Retail Property For Sale
PROPERTY FACTS
ABOUT 6200 MORRISS RD , FLOWER MOUND, TX 75028
- Long-Term Absolute Triple-Net Lease — Brand New 20-Year Term - Zero Landlord Responsibility - 2% Annual Rent Escalations for the First 5 Years - Corporate Guarantee by GB Auto Service, Inc. — Operator of over 80 Auto Stores - Population in a 5-Mile Radius is over 185,000, a Growth of Nearly 18% in the since 2010 with Another 14% Projected by 2024 - Situated on Morriss Rd just south of Justin Rd, a Major Thoroughfare in Flower Mound. Traffic Counts on Morriss Rd Exceed 18,000 Vehicles per Day, with Traffic Counts Reaching almost 21,000 VPD on Justin Rd - The Average Household Income in the Immediate Area is Nearly $160,000 — Over Double the National Average - Located Just Next to Marcus High School, which has an Enrollment of over 2,500 Students - Less than 1.5 Miles from a Major Retail Corridor in Flower Mound. Surrounding National Retailers Include Tom Thumb, Walmart Supercenter, Target, Belk, JCPenney, Lowe’s, AMC Theatres, Whole Foods, TJ Maxx, Discount Tire, National Tire & Battery, O’Reilly Auto Parts and Many, Many More
PROPERTY TAXES
| Parcel Number | R203018 | Improvements Assessment | $742,144 |
| Land Assessment | $617,856 | Total Assessment | $1,360,000 |
PROPERTY TAXES
