55 Tarragona Dr | Westlake, TX 76262
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55 Tarragona Dr
Westlake, TX 76262
Hugo's Invitados & Sushi Zo/Niwa Kappo · Retail Property For Sale
Investment Highlights
- Class-A Two-Tenant Retail Asset located in the High-Growth, Upscale DFW Submarket of Westlake, Texas
- Affluent Submarket with Average Household Income Exceeding $228,600 in a 1 & 3 Mile Radii; Westlake, TX Ranked #3 Richest City in TX in 2022 (Forbes)
- Minutes from $100MM Charles Schwab Corporate Campus; 1,100,000 SF of Office GLA & can Accommodate up to 6,000 Employees
- Part of Entrada at Westlake, $500MM, 85-Acre Mixed-Use Development (Over 300+ Homes, Retail, Hotels, Offices, Entertainment) Emulating the Catalonia
- Newly Long Term Leases with Average Base Lease Term Expiration of December 2034, Escalations in Primary Lease Term & Renewal Options with Escalations
- Two Established Restaurant Operators Boasting Multiple Locations & Award-Winning Cuisine
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,444 SF
Year Built
2019
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.50
Lot Size
0.66 AC
Frontage
185 ft on Tarragona Drive
PROPERTY TAXES
| Parcel Number | 42402407 | Improvements Assessment | $7,895,047 |
| Land Assessment | $415,740 | Total Assessment | $8,310,787 |
PROPERTY TAXES
Parcel Number
42402407
Land Assessment
$415,740
Improvements Assessment
$7,895,047
Total Assessment
$8,310,787
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