Mia Dia | Dense Retail Corridor | 2601 W Windsor Dr
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Mia Dia | Dense Retail Corridor 2601 W Windsor Dr
7,280 SF Retail Building Flower Mound, TX 75028 £3,255,795 (£447/SF) 6% Net Initial Yield
Investment Highlights
- Franchisee Guaranteed Lease | 2 Years Remaining | Scheduled Rental Increases | Options To Extend
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection | Excellent Visibility & Access
- Medical Office District | Texas Health Presbyterian Hospital (101 Beds, 400 Physicians)
- Nearby Developments | The River Walk at Central Park (158 Acres) | Windsor Crossing Shopping Center
- Dense Retail Corridor | Nearby National/Credit Tenants
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, franchisee guaranteed, freestanding, Mi Dia from Scratch, investment property located in Flower Mound, TX (Dallas-Fort Worth MSA). The tenant, Windsor Restaurant Ventures, LP, currently has more than 2 years remaining in their initial lease term with 3 (5-year) options to extend. There are fair market value based increases at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,280 SF
Building Class
B
Year Built
2017
Price
£3,255,795
Price Per SF
£447
Net Initial Yield
6%
NOI
£195,332
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
1.61 AC
Zoning
O - Office
Parking
15.93 Spaces per 1,000 SF Leased
Frontage
40 ft on W Windsor Dr
Amenities
- Corner Lot
- Restaurant
- Signage
- Signalised Intersection
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R624079 | Improvements Assessment | £858,958 |
Land Assessment | £1,475,233 | Total Assessment | £2,334,192 |
PROPERTY TAXES
Parcel Number
R624079
Land Assessment
£1,475,233
Improvements Assessment
£858,958
Total Assessment
£2,334,192
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Mia Dia | Dense Retail Corridor | 2601 W Windsor Dr
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