905 State Hwy 78 Lavon, TX 75166-1287
This exceptional 14,938-square-foot shopping center in Lavon, Texas, presents a compelling investment opportunity. Built in 2022, the property boasts a 6.00% cap rate and a strong NOI of $527,034. The five tenants, including Dunkin' Donuts, Integrity Urgent Care, and others, occupy the entire space under triple-net (NNN) leases with built-in rent escalations, ensuring consistent income growth. Situated on a 1.51-acre lot, the center features an attractive design with metal awnings and ample concrete parking. The Dunkin' location includes a convenient drive-through. Its prime location at the intersection of State Highway 78 and Burleson Drive offers excellent visibility and accessibility, with approximately 30,974 vehicles passing daily. The property benefits from its position at the entrance to the Grand Heritage West residential community (871 single-family lots) and proximity to other established residential areas, contributing to high traffic volume. Nearby amenities include Taco Bell, Sonic, Starbucks, and other national retailers. The area's affluent demographics are highlighted by average household incomes exceeding $118,000 within a one-mile radius, reaching $134,035 within five miles. The property's location in Collin County, one of North Texas' fastest-growing areas, ensures continued growth potential. This stabilized investment offers a rare combination of strong performance, prime location, and significant upside.
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Dunkin' Cafe & Coffee Shop
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The Nail Lounge Spa Lavon Nail Salon
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Simply Smiles Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PD · Lavon, TXLavon. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.