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Ebby Halliday 955 State Highway 121 10,682 SF 100% Leased Retail Building Allen, TX 75013 $5,734,000 ($536.79/SF) 6.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporately Guaranteed Net Leased Asset Located in the Affluent High Growth DFW Submarket of Allen, TX
- Thriving Retail Trade Area with Over 4,000,000 SF of Retail GLA in a 2 Mile Radius (CoStar) Including Fairview Town Center (640k SF)
- Rental Escalation in July 2027 with Two (2) 5-Year Options to Extend at Market Rate
EXECUTIVE SUMMARY
CORPORATE GUARANTEED NET LEASED ASSET & RENT BUMP IN 2027
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,682 SF
Building Class
B
Year Built
2017
Price
$5,734,000
Price Per SF
$536.79
Cap Rate
6.15%
NOI
$352,641
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.17 AC
Zoning
PD 92
Parking
48 Spaces (4.49 Spaces per 1,000 SF Leased)
Frontage
215’ on Sam Rayburn Tollway
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-8748-00B-009R-1 | Improvements Assessment | $2,904,771 |
| Land Assessment | $1,017,562 | Total Assessment | $3,922,333 |
PROPERTY TAXES
Parcel Number
R-8748-00B-009R-1
Land Assessment
$1,017,562
Improvements Assessment
$2,904,771
Total Assessment
$3,922,333
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Ebby Halliday | 955 State Highway 121
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