Current Use by Public Records
- Retail properties & Spaces
Property Details for 2160 Tx-121
- Year built
- 2020
- Lot size
- 1.69 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional investment opportunity presents a portfolio of two modern, 100% occupied fast-food restaurants in Bonham, Texas. Built in 2020, these buildings boast approximately 2,000-2,400 square feet each and sit on a combined 1.69 acres at a high-traffic intersection of SH-121 and US-82. The properties are anchored by established brands: Papa John's, Captain D's, and Williams Chicken, all operating under long-term (20-year) NNN leases, ensuring consistent cash flow. Located adjacent to a major retail center including a Walmart, this portfolio benefits from significant customer draw from over 14 surrounding towns. The strategic location near the newly developed Bois D'Arc Lake and the expansive "Project 617" mixed-use development promises substantial future growth and increased foot traffic, making this a compelling investment in a vibrant, expanding community. The asking price for this turnkey portfolio is $3,200,000. This is a rare opportunity to acquire a stable, high-performing commercial real estate asset with significant long-term potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bonham
- County
- Fannin
- State
- Texas
- Longitude
- -96.1916
- Latitude
- 33.5987
