Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
4,044
Warriors Plaza offers the opportunity to acquire a 100% occupied NNN retail investment with significant future development potential along the Highway 121 commercial corridor in Bonham, Texas. The existing development consists of approximately 4,045 SF occupied by three nationally recognized tenants: Little Caesars Pizza, Jimmy John’s and Scooter’s Coffee. All three tenants operate under triple-net (NNN) leases with approximately eight years remaining on their current lease terms, plus renewal options, providing an investor with established rental income and limited landlord operating responsibilities. The property encompasses approximately 2.7 acres, including a substantial undeveloped portion that provides an opportunity to increase future NOI and property value. A proposed site plan provides for an additional ±8,500 SF commercial building, which may accommodate a single tenant or be divided into suites ranging from approximately 1,415 to 8,500 SF. Drive-thru availability may also be incorporated for a qualifying tenant, subject to final design and approvals. The proposed expansion includes additional parking, internal circulation, fire-lane and service access, flexible storefronts, individual entrances and signage opportunities. Potential uses include retail, restaurant, medical, dental, wellness, office, personal services, fitness, daycare and other compatible commercial uses. Warriors Plaza combines immediate NNN income from three established national tenants with the ability to develop additional leasable square footage, creating a compelling stabilized investment with long-term value-add potential. Proposed plans and improvements are preliminary and subject to final design and applicable approvals.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
Additional Parking, Common, Concrete, Drive Through
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
2.7
-
Lot Size(square feet)
117,612
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$3,499,900
-
Financing Options
1031 Exchange, Cash, Conventional, Lease Back, USDA Loan
-
Zoning
Corridor Commercial District, retail, service, and office uses
-
Sq. Footage
4,044
-
Price/SqFt
$865
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
1
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Fannin
Elementary School
Middle School
High School
Listing Courtesy of Christopher Contreras, Gregorio Real Estate Company
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
AGENT
Joe Boston
Call Joe today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.