740 Union Place | Little Elm, TX 75068
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- LoopNet Team
740 Union Place
Little Elm, TX 75068
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2022 construction
- Brand new, 10-year NN lease with a 10% rent escalation after 5 years.
- Strong credit tenant – corporate Starbucks lease
- Grocery anchored pad site (grocer under construction)
- 4, 5-year renewal options with a 7.50% rental escalation each option period
- High traffic volume – 40,000+ VPD on US Hwy 380 & Dogwood Trail W
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,200 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.97 AC
Zoning
PD-71 - Mixed-use & retail
PROPERTY TAXES
| Parcel Number | R38840 | Improvements Assessment | $0 |
| Land Assessment | $2,244,732 | Total Assessment | $2,244,732 |
PROPERTY TAXES
Parcel Number
R38840
Land Assessment
$2,244,732
Improvements Assessment
$0
Total Assessment
$2,244,732
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