900 E Harwood Rd | Euless, TX 76039
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- LoopNet Team
900 E Harwood Rd
Euless, TX 76039
Spec's Wine, Spirits & Finer Foods · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15-year net lease to Spec’s Wines, Spirits & Finer Foods, 215+ stores across Texas with approximately $2 billion in annual sales.
- Rare tenant maintain language, whereby Spec’s handles all day-to-day maintenance of the property, including parking lot maintenance and replacement.
- Spec’s achieved double-digit year-over-year sales increases in 2024 through its online ordering platform and delivery partnerships.
- 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
- Spec’s Wines, Spirits & Finer Foods has a stronghold on Texas liquor sales due to “grandfathered in” liquor laws.
- High-visibility and easily accessible location at the signalized four-way intersection of East Hardwood Road and Bear Creek Parkway.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,130 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.56 AC
Frontage
PROPERTY TAXES
| Parcel Number | 42559373 | Improvements Assessment | $5,832,619 |
| Land Assessment | $1,158,581 | Total Assessment | $6,991,200 |
PROPERTY TAXES
Parcel Number
42559373
Land Assessment
$1,158,581
Improvements Assessment
$5,832,619
Total Assessment
$6,991,200
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