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NNN Retail Property Near Walmart
For Sale
$338,824

120 FM 3099, Breckenridge, TX 76424

Corporate-guaranteed retail tenancy with tenant-managed maintenance, insurance, HVAC, landscaping, and parking lot obligations.

Property Size1,200 SF
Price / SF$282.35
Days on Market59

Property Features for 120 FM 3099

General Information

Standard status Active
Size 1,200 SF
Property subtype Electronics
Lease Type NNN

Additional Details

Cap Rate 8.5%

Amenities

Perfect 1031 Exchange Asset with One of the Lowest Price Point Net Leased Deals Listed in the US
Corporate Guaranty – Russell Cellular, Inc., Franchisee with Ove700 Stores | One of the Largest Verizon Authorized Dealers in the US | Russell Cellular's 2025 Revenues Were Estimated at $960.8 Million
Surrounded by Well-Performing National Retailers | Across the Street from Breckenridge Country Club and Walmart Supercenter with One Million in Foot Traffic Annually (Placer.ai)

Building Details

Building Size 1,200 SF
Tenancy Single
Listing Agency:
Listed By: Damien Yoder · License #License(s): IN: RB14050667
Source: Marcusmillichap
Added: Jul 3 Changed: Aug 30 Last Checked: Aug 30 at 3:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Damien Yoder

Investment Insights

Based on property information with market context.

This 1,200-square-foot retail property is leased on a triple-net basis to Russell Cellular, Inc., a Verizon authorized dealer and franchisee operating more than 700 stores. The tenant handles property maintenance, landscaping, parking lot care, HVAC service, insurance, and reimbursement of property taxes, creating limited direct landlord responsibilities. The reported cap rate is 8.50%.

The property is located at 120 FM 3099 in Breckenridge, across from a Walmart Supercenter and near Tractor Supply, Higginbotham Brothers, McDonald’s, and Breckenridge Country Club. It is also near the FM 3009 and US 180 intersection, with Hubbard Creek Lake and downtown Breckenridge each approximately six minutes away. Dallas/Fort Worth is approximately 100 miles from the property.

Key Highlights

  • 1,200‑square‑foot retail property leased under a triple‑net structure
  • Russell Cellular, Inc. franchisee tenancy with a corporate guaranty
  • Tenant handles maintenance, landscaping, parking lot care, HVAC, insurance, and property‑tax reimbursement

Property Analytics

Current Use

Verizon Mobile Phone Store

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Storage Facility Locksmith Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 76424, TX

8,417
Population
4,206
Households
2
Avg Household Size
41
Median Age
18%
College-Educated
82%
High-School Grad
506.3 sq mi
ZIP Area
17
Density / Sq Mi
$53,659
Median Household Income
$29,981
Median Earnings
$801
Median Rent
$102,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-guaranteed retail tenancy with tenant-managed maintenance, insurance, HVAC, landscaping, and parking lot obligations.
Where is this nnn property located?
The property is located at 120 FM 3099 Breckenridge, TX.
What is the asking price?
The asking price for this property is $338,824.
What are key features of this property?
This property features: 1,200‑square‑foot retail property leased under a triple‑net structure; Russell Cellular, Inc. franchisee tenancy with a corporate guaranty; Tenant handles maintenance, landscaping, parking lot care, HVAC, insurance, and property‑tax reimbursement
More about this property
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