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Ebby Halliday 955 State Highway 121 10,682 sq ft 100% Let Retail Property Allen, TX 75013 £4,287,082 (£401.34/sq ft) 6.15% Net Initial Yield
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
Property Size
10,682 sq ft
Costar Property Class
B
Year Built
2017
Price
£4,287,082
Price per sq ft
£401.34
Yield
6.15%
NOI
£263,656
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.21
Total Plot Size
1.17 ac
Use Class
PD 92
Parking
48 Spaces (4.49 Spaces per 1,000 sq ft Leased)
Frontage
215 ft on Sam Rayburn Tollway
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-8748-00B-009R-1 | Improvements Assessment | £2,171,781 |
| Land Assessment | £760,790 | Total Assessment | £2,932,571 |
PROPERTY TAXES
Parcel Number
R-8748-00B-009R-1
Land Assessment
£760,790
Improvements Assessment
£2,171,781
Total Assessment
£2,932,571
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Ebby Halliday | 955 State Highway 121
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