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Vummidi Bangaru Jewelers 7100 Stonebrook Pky 7,100 SF Retail Building Frisco, TX 75034 $5,261,823 ($741.10/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Frisco, TX | Dallas MSA
- Traffic Counts
- Strong Demographics
- Police Presence
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Vummidi Bangaru Jewellers located at 7100 Stonebrook Pkwy, Frisco, TX 75034. The site consists of roughly 7,100 rentable square feet of building space on an estimated 1.04-acre parcel of land. This Vummidi Bangaru Jewellers is subject to a 10-year Triple Net (NNN) lease, which commenced 1/19/2023. The current annual rent is $315,709 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,100 SF
Building Class
B
Year Built
2022
Price
$5,261,823
Price Per SF
$741.10
Cap Rate
6%
NOI
$315,709
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.04 AC
Zoning
PD-113 TRACT C-2 - COMMERCIAL
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-11277-00A-0010-1 | Improvements Assessment | $2,621,971 |
| Land Assessment | $1,036,946 | Total Assessment | $3,658,917 |
PROPERTY TAXES
Parcel Number
R-11277-00A-0010-1
Land Assessment
$1,036,946
Improvements Assessment
$2,621,971
Total Assessment
$3,658,917
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Vummidi Bangaru Jewelers | 7100 Stonebrook Pky
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