Log In/Sign Up
Your email has been sent.
Verizon Net Leased Offering 740 Adams Dr 4,500 SF 4-Star Retail Building Weatherford, TX 76086 $3,263,040 ($725.12/SF) 6.25% Cap Rate
Investment Highlights
- New 10-Year Lease Extension with Cellular Sales
- Primary Retail Hub for Parker County
- Strong Traffic Counts - 65,572 VPD
- Scheduled Increases in Rent
- Direct Interstate 20 Access and Visibility
- Income Tax Free State
Executive Summary
This offering presents the opportunity to acquire a freestanding Verizon property in Weatherford, Texas, secured by a new 10-year lease extension beginning in February 2026. The lease includes a scheduled rent increase in Year 6 and two additional five-year renewal options.
The 4,500 square foot property is located within the Weatherford Ridge shopping center and benefits from excellent visibility along Interstate 20, which sees approximately 65,572 vehicles per day. It is also just minutes from State Highway 171, with traffic counts of 16,723 vehicles per day, providing convenient access to the greater Dallas–Fort Worth Metroplex.
The asset features a favorable lease structure with clearly defined maintenance responsibilities and generates a Net Operating Income of $203,940. Situated in Texas, a state with no income tax, the property offers investors a stable income stream in a growing, business-friendly market.
The 4,500 square foot property is located within the Weatherford Ridge shopping center and benefits from excellent visibility along Interstate 20, which sees approximately 65,572 vehicles per day. It is also just minutes from State Highway 171, with traffic counts of 16,723 vehicles per day, providing convenient access to the greater Dallas–Fort Worth Metroplex.
The asset features a favorable lease structure with clearly defined maintenance responsibilities and generates a Net Operating Income of $203,940. Situated in Texas, a state with no income tax, the property offers investors a stable income stream in a growing, business-friendly market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
4,500 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2007
Price
$3,263,040
Price Per SF
$725.12
Cap Rate
6.25%
NOI
$203,940
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.04 AC
Zoning
F1
Parking
33 Spaces (7.33 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R000095113 | Improvements Assessment | $684,490 |
| Land Assessment | $818,590 | Total Assessment | $1,503,080 |
Property Taxes
Parcel Number
R000095113
Land Assessment
$818,590
Improvements Assessment
$684,490
Total Assessment
$1,503,080
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Verizon Net Leased Offering | 740 Adams Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.