1340 Farm to Market 548
Forney, TX
Price:
$5,326,000
Cap Rate:
4.75%
NOI:
$252,980
Building Size:
Approx. 4,103 Sq. Ft.
Lot Size:
Approx. 1.29 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 4,103 +/- SF Building on 1.29+/- Acre Site
- 15 Year Corporate Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
- Excellent Signalized, Hard Corner Location at the Intersection of Gateway Blvd & FM 548 (20K VPD)
- Located Directly Across the Street from Diamond Creek, a 167 Unit Luxury Single Family Home Development
- Near Several Large Retailers Including Walmart Supercenter, Lowe’s, Kroger, ALDI, & More
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Forney | Part of the DFW Metroplex | Population: 26,500+