SQW- FM 423 & 380 | Oak Point, TX 75068
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- LoopNet Team
SQW- FM 423 & 380
Oak Point, TX 75068
Wells Fargo · Land For Sale
·
1.32 AC
INVESTMENT HIGHLIGHTS
- Brand New 2025 Construction with New 15-Year Corporate Back Ground Lease By Wells Fargo.
- Four 5-Year Renewal Options With 10.00% Increases.
- Income Tax-Free State - Perfect for a 1031 Exchange or Passive Investor.
- 10.00% Increases Every Five-Years Through the Primary and Option Terms.
- Shadow-Anchored by New HEB, the Most Sought After Retailer and Traffic Generator in the Nation.
- Surrounding Retailers &Traffic Generators Include: HEB, Walmart, Kroger, Home Depot, Whataburger, Chick-Fil-A, McDonald’s, and CVS, Among Many Others
PROPERTY FACTS
| Property Type | Land | Proposed Use | Bank |
| Property Subtype | Commercial | Total Lot Size | 1.32 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Bank |
| Total Lot Size | 1.32 AC |
DESCRIPTION
Located at the SWQ of FM 423 & US Highway 380 in Frisco, Texas – shadow to the new HEB Supermarket. The Property consists of a free-standing, drive-thru building totaling ± 3,500 square feet on 1.32 acres of land.
PROPERTY TAXES
| Parcel Number | R696995 | Improvements Assessment | $0 |
| Land Assessment | $1,734,124 | Total Assessment | $1,734,124 |
PROPERTY TAXES
Parcel Number
R696995
Land Assessment
$1,734,124
Improvements Assessment
$0
Total Assessment
$1,734,124
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