870 E Highway 114 | Roanoke, TX 76262
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- LoopNet Team
870 E Highway 114
Roanoke, TX 76262
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Absolute NNN 20 year lease - Stable Cash Flow with Zero Landlord Responsibilities
- Drive-thru, take-out, and expansive outdoor dining offering Covid-19 flexible alternative to dine-in restaurant
- $110,000+ HH Income in this Affluent, Growing Community Providing Large Consumer Base
- 1.50% Annual Rent Increases Hedge Against Inflation
- 101,000+VPD at Intersection of Hwy 144 and Hwy 107 | DFW Metroplex - 4th Largest MSA in U.S.
- Near Large Traffic Generators - Cinemark, Roanoke Recreation Center/Skate Park, Roanoke Community Park
PROPERTY FACTS
Property Type
Retail
Building Size
3,336 SF
Building Class
C
Year Built
2020
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.81 AC
Zoning
Commercial
Frontage
116’ on Texas 114 Business
AMENITIES
- Freeway Visibility
- Restaurant
- Drive Thru
PROPERTY TAXES
| Parcel Number | R661840 | Improvements Assessment | $793,999 |
| Land Assessment | $881,001 | Total Assessment | $1,675,000 |
PROPERTY TAXES
Parcel Number
R661840
Land Assessment
$881,001
Improvements Assessment
$793,999
Total Assessment
$1,675,000
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