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POPEYES w/ DR-THRU | 20 YR ABSOLUTE NET LEASE Freeport Pkwy & Northwestern Rd

2,600 SF 100% Leased Retail Building Coppell, TX 75019 $4,184,911 CAD ($1,610 CAD/SF) 5.25% Cap Rate

Investment Highlights

  • 20 Year Absolute Net Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options.
  • Strong Daytime Employment Area - Surrounded by Numerous Established Corporate HQ’s, Business Parks, Regional Office Spaces, Distribution Centers, etc
  • Coppell is a Fast-Growing, Top Ranked Affluent DFW Suburb and saw a Tremendous Population increase of 21% from 2010 to 2023.
  • Brand New 2024 High Quality Construction w/ Drive-Thru.
  • Tremendous Market Demographics with Rapid Growth - Densely Populated Affluent Area
  • Strategically Located Adjacent to a Brand-New QuikTrip and the upcoming Four Points by Sheraton Hotel. Near Numerous National Retailers.

Executive Summary

Along TX Highway-121 | Strong Daytime Employment Area | Densely Populated & Affluent Area: $131k+ Avg. HHI | Fast- Growing, Top Ranked Affluent DFW Suburb | Directly Across from a Brand New Quik Trip | Minutes from Dallas-Fort Worth International, Shopping Center and Numerous Schools

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,600 SF
Year Built
2025
Construction Status
Under Construction
Price
$4,184,911 CAD
Price Per SF
$1,610 CAD
Cap Rate
5.25%
NOI
$219,708 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Land Acres
1.02 AC
  • Listing ID: 33449809

  • Date on Market: 2024-10-08

  • Last Updated:

  • Address: Freeport Pkwy & Northwestern Rd, Coppell, TX 75019

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