1325 N US 377 Roanoke, TX
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Leased retail property with corporate guarantee and rental increases.
Type:RETAIL
Property size:
2,582 SFLot size:
0.66 AcresPrice / SF:
$1,010/SF- Added:
- Mar 26, 2025
- Days on Market:
- 400
- Last Refresh:
- Apr 5 at 10:22 pm
Property Features for 1325 N US 377
General Information
- Standard status
- Active
- Size
- 2,582 SF
- Lot size
- 0.66 Acres
- Property subtype
- RETAIL
Listing agent Brennan Clegg License #OH:SAL.2019001449,NE:20220396
Listing office Marcus & Millichap | Columbus (614) 360-9800
Listing date Mar 26, 2025
Source Moodyscre
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 Marcus & Millichap | Columbus
Overview
Roanoke Retail Investment Opportunity
This retail property, located along Highway 377 and Highway 114, offers convenient accessibility with over 84,000 cars per day. Situated along a major retailer corridor, it is near Walmart, The Home Depot, and PetSmart. The property underwent renovations in 2022. The location is approximately 22 miles from Downtown Fort Worth and 33 miles from Downtown Dallas. The surrounding area within a 5-mile radius has an estimated 70,000 residents and an average household income exceeding $170,000. Projections indicate a 13% growth in both household and population within the next 5 years. The property has over 7.5 years remaining on the lease term with a corporate guarantee. The lease includes 10% rental increases every 5 years and multiple renewal options. The property size is 2582 square feet.
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Roanoke
- County
- Denton
- State
- Texas
- Longitude
- -97.228
- Latitude
- 32.9604
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Leased retail property with corporate guarantee and rental increases.
Where is this retail space located?
The property is located at 1325 N US 377 Roanoke, TX.
What is the asking price?
The asking price for this property is $2,609,000.
What are key features of this property?
This property features: High Average Household Income: Exceeds $170,000 within a 5‑Mile Radius; High Traffic Location: Easily Accessible by 84,000+ Cars/Day Along Highway 377 and Highway 114; Strong Lease Term: 7.5+ Years Remaining on Lease Term with Corporate Guarantee
