Northlake Commons Building 5 1485 Commons Cir

1485 Commons Cir , Northlake, Texas, 76226 | 7,200 sq.f | $ 3,345,759

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About This Restaurant

Investment Highlights

Situated at the Entrance to Harvest by Hillwood Master Planned Community Diverse Mix of Internet-Resistant Tenants on Triple-Net Leases New Class A Construction Northlake/Argyle is Growing Twenty Percent+ Per Year in Residents Most Leases Feature Annual Rent Increases (Typically 2 Percent)

Executive Summary

? Situated at the Entrance to Harvest by Hillwood Master Planned Community? Northlake/Argyle is Growing Twenty Percent+ Per Year in Residents? Diverse Mix of Internet-Resistant Tenants on Triple-Net Leases? Most Leases Feature Annual Rent Increases (Typically 2 Percent)? New Class A Construction

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Storefront Office Medical Restaurant
  • Building Size    7,200
  • Building Class    B
  • LoopNet Rating    4 Star
  • Year Built    2020
  • Price    3,345,759
  • Price Per SF    465
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.15
  • Land Acres    1.11 AC

Property Taxes

Parcel Number R969289 Improvements Assessment $626,684
Land Assessment $1,663,316 Total Assessment $2,290,000
Date Created: 2024-07-16 04:23:42 Last Updated: 2024-07-16 04:23:42
Address: 1485 Commons Cir , Northlake, Texas, 76226