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Wing Dingers-Canton 17389 Interstate 20 S Access 6,500 SF 100% Leased Retail Building Canton, TX 75103 $2,398,217 CAD ($368.96 CAD/SF) 10% Cap Rate
Investment Highlights
- 300,000 cars per day pass this location
- Back Building half built
- Large land lot easy conversion no city restrictions
Executive Summary
Excellent location near all major big 14 franchises. Perfect for Franchise, Gas Station, Restaurant Developer or Hotel Chain. Location has its own exit right off I-20 Smack dab in the middle of Dallas and Shreveport Louisiana in Canton Texas. Canton has a monthly State Trade show that attracts 250,000 visitors in a weekend.
This is only for serious inquiries only not dreamers. Demographics show over 3M a year in gross revenues. Owner is practically giving the restaurant and land away.
Perfect for just about any business that wants to make serious money. Large 2.58 acre lot right next door to major fortune 500 companies..Last owner didnt complete the project so a small buildout for the front building may be required. No Municipality Restrictions so that means virtually no permits needed. Building alone has an appraisal of 1.6M. Please Call George Lester for more information at 972-679-1263. Phones answered from 9am-9pm CST.
This is only for serious inquiries only not dreamers. Demographics show over 3M a year in gross revenues. Owner is practically giving the restaurant and land away.
Perfect for just about any business that wants to make serious money. Large 2.58 acre lot right next door to major fortune 500 companies..Last owner didnt complete the project so a small buildout for the front building may be required. No Municipality Restrictions so that means virtually no permits needed. Building alone has an appraisal of 1.6M. Please Call George Lester for more information at 972-679-1263. Phones answered from 9am-9pm CST.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Building Size
6,500 SF
Building Class
B
Year Built
2022
Price
$2,398,217 CAD
Price Per SF
$368.96 CAD
Cap Rate
10%
NOI
$239,822 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
2.49 AC
Parking
20 Spaces (3.08 Spaces per 1,000 SF Leased)
Frontage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R000004733 | Improvements Assessment | $364,475 CAD |
| Land Assessment | $526,025 CAD | Total Assessment | $890,500 CAD |
Property Taxes
Parcel Number
R000004733
Land Assessment
$526,025 CAD
Improvements Assessment
$364,475 CAD
Total Assessment
$890,500 CAD
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Wing Dingers-Canton | 17389 Interstate 20 S Access
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