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Old Town Coppell Mixed Use Center 767 W Main St

10,215 SF Retail Building Coppell, TX 75019 £2,942,322 (£288/SF) 5.75% Net Initial Yield

Investment Highlights

  • 2024 Construction Mixed Use Asset Located in the Highly Desirable & Affluent Master Planned Old Town Development of Coppell, TX (DFW)
  • Two High-End Luxury Second Floor Residential Units with Two, 2-Car Garages & Outdoor Patios
  • Quick Access to Major DFW Thoroughfares with Interstate 635 & State Highway 121
  • Average Household Income Exceeds $211,600, $161,900 & $134,000 in 1, 3 & 5 Mile Radii, Respectively
  • Potential Opportunity for Retail/Office Owner Occupancy in the Highly Visible 2,279 SF Space Currently Experiencing Significant Leasing Activity
  • Nearby National & Local Retailers Include Hard Eight BBQ, Twisted Root Burger Company, George | Coffee + Provisions & Tangerine Salon Amongst Others

Executive Summary

Old Town Coppell Mixed Use Center is a newly constructed, 8,094 square foot mixed use asset located in the highly desirable and affluent master planned Old Town development of Coppell, Texas. Situated along Main Street, the Property is approximately ten minutes from DFW International Airport, twenty minutes from downtown Dallas and thirty minutes from downtown Fort Worth. Old Town Coppell Mixed Use Center is leased to a complementary mix of food and service tenants on the first floor with two (2) luxury residential units on the second floor. Old Town Coppell is a walkable, charming and vibrant family-friendly destination with many local retail and restaurant attractions, including the Coppell Farmers Market and Coppell Arts Center. The Property benefits from an average household income that exceeds $211,600, $161,900 and $134,000 in a 1, 3 and 5 mile radii, respectively. Old Town Coppell Mixed Use Center features fundamental positioning parallel along Main Street with excellent visibility, full masonry construction, an average first floor retail suite size of 1,552 SF with shallow bay depth and two, 2 car garages for the residential suites. Nearby national and local retailers within Old Town Coppell Hard Eight BBQ, Twisted Root Burger Company, George | Coffee + Provisions, Tangerine Salon, Let It Shine and the Coppell Deli amongst others.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,215 SF
Year Built
2024
Price
£2,942,322
Price Per SF
£288
Net Initial Yield
5.75%
NOI
£169,203
Tenancy
Multiple
Number of Floors
2
Building FAR
0.47
Land Acres
0.50 AC
Zoning
Retail/Restaurant - Permitted for restaurant, retail, or office use. Residential Apartments upstairs. Can be leased separately.
Parking
40 Spaces (3.92 Spaces per 1,000 SF Leased)
Frontage
115 ft on Main St

Amenities

  • Commuter Rail
  • Mezzanine
  • Wheelchair Accessible
  • Accent Lighting
  • Monument Signage
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 101
  • 775 SF
  • Retail
  • End Cap
  • Now

1-3 tenants can occupy the 1st floor Retail/Restaurant Space. 700sq ft-3134 sq ft available. 1500 Gallon grease trap already in place and metal interior walls will be installed. We can work with you on the finish out as well. Plenty of parking in and around the property. Across the street from the Old Town Coppell Farmers Market.

  • 105
  • 1,550 SF
  • Restaurant
  • In-Line
  • Now

1-3 tenants can occupy the 1st floor Retail/Restaurant Space. 700sq ft-3134 sq ft available. 1500 Gallon grease trap already in place and metal interior walls will be installed. We can work with you on the finish out as well. Plenty of parking in and around the property. Across the street from the Old Town Coppell Farmers Market.

Space Size Space Use Position Available
101 775 SF Retail End Cap Now
105 1,550 SF Restaurant In-Line Now

101

Size
775 SF
Space Use
Retail
Position
End Cap
Available
Now

105

Size
1,550 SF
Space Use
Restaurant
Position
In-Line
Available
Now

101

Size 775 SF
Space Use Retail
Position End Cap
Available Now

1-3 tenants can occupy the 1st floor Retail/Restaurant Space. 700sq ft-3134 sq ft available. 1500 Gallon grease trap already in place and metal interior walls will be installed. We can work with you on the finish out as well. Plenty of parking in and around the property. Across the street from the Old Town Coppell Farmers Market.

105

Size 1,550 SF
Space Use Restaurant
Position In-Line
Available Now

1-3 tenants can occupy the 1st floor Retail/Restaurant Space. 700sq ft-3134 sq ft available. 1500 Gallon grease trap already in place and metal interior walls will be installed. We can work with you on the finish out as well. Plenty of parking in and around the property. Across the street from the Old Town Coppell Farmers Market.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
180056500D04R0000
Land Assessment
£120,077
Improvements Assessment
£0
Total Assessment
£120,077
  • Listing ID: 33661600

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: 767 W Main St, Coppell, TX 75019

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