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141 N Murphy Rd 4,850 SF 100% Leased Retail Building Murphy, TX 75094 $3,337,006 CAD ($688.04 CAD/SF) 6.30% Cap Rate



INVESTMENT HIGHLIGHTS
- Thriving Retail Trade Area with Over 2.1MM SF of Retail GLA in a 2-Mile Radius
- Close Proximity to New H-E-B
- Minutes to Murphy Marketplace
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Signage
- Tenant Controlled HVAC
ABOUT 141 N MURPHY RD , MURPHY, TX 75094
? Complimentary Tenant Mix with Alloy Personal Training & The Full Spectrum Hair Salon, All Tenants Experiencing Annual Rent Increases During Primary Term ? 2019 Construction with an Average Lease Term Expiration of November 2030 ? Average Rents of $31.28 PSF NNN While Comparable Retail Space in the Area is Leasing in the High $30’s to Low $40’s PSF NNN ? Strong Fundamentals with Parallel Positioning to Murphy Road (22,200+ Vehicles Per Day), Average Suite Size of 2,425 SF Providing Strong Residual Value, Partial Masonry Construction, Highly Visible Two-Sided Monument Sign & Multiple Ingress/Egress Points of Access
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
Since 1992, they have helped countless people get in the best shape of their lives. They realize that being fit is about much more than what you see in the mirror - it's about living life to the fullest. Alloy welcomes people no matter where they are in their fitness journey. For decades they have been helping people understand what they are capable of. They are uniquely focused on helping today’s adults lead more active and healthier lifestyles.
- The Full Spectrum Salon
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Arts, Entertainment, and Recreation | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| The Full Spectrum Salon | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-12155-00A-0010-1 | Improvements Assessment | $1,975,187 CAD |
| Land Assessment | $1,565,024 CAD | Total Assessment | $3,540,211 CAD |
PROPERTY TAXES
Presented by
141 N Murphy Rd
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