6001 Us Highway 377, Krugerville, TX 76227
- Retail properties & Spaces
- 21,950 SF
- 3.94 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 6001 Us Highway 377
- Year built
- 2017
- Lot size
- 3.94 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
Exceptional investment opportunity featuring a 21,950 square foot Tractor Supply store located in Cross Roads, Texas, within the affluent North Dallas MSA. This single-tenant, net-lease property boasts a 15-year lease (7.9 years remaining) with a credit-rated, corporate guarantor, and built in 5% rent bumps every 5 years. The property sits on a 3.94-acre lot and benefits from a prime location off US Highway 377, slated for expansion to a six-lane roadway. The property features a strong, Fortune 500 tenant with a proven track record of growth and resilience, even amidst e-commerce competition and economic uncertainty. The lease includes four, five-year renewal options, providing long-term stability and predictable income. The asking price is $4,501,700, translating to $205.09 per square foot. Built in 2017, this one-story building enjoys 100% occupancy. This is a rare opportunity to acquire a high-performing asset in a rapidly growing market with significant upside potential. The average household income in the area is approximately $120,000, and the area is projected to experience substantial growth in the coming years. The property's location and tenant strength make it an ideal addition to any diversified real estate portfolio.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Krugerville
- County
- Denton
- State
- Texas
- Longitude
- -96.9853
- Latitude
- 33.2647
