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2613 S Stemmons Fwy 5,981 SF Retail Building Lewisville, TX 75067 $3,459,000 CAD ($578.33 CAD/SF) 6% Cap Rate



Investment Highlights
- Corporate Absolute Net Lease Expiring 07/31/2027
- Population: Three-Mile 100,000 and Five-Mile 270,548
- 5,981-SF Building Renovated in 2023 on 1.18-Acre Lot
- Current NOI of $150,000 (6% Cap Rate) with Next Renewal Option at NOI of $206,488 (8.26% Cap Rate)
- Frontage from I-35 with over 180,895 VPD, and Approximately 172,579 VPD from Sam Rayburn Tollway
- Current Below-Market Rent of $25 Per SF
Executive Summary
Paine Restaurant Group at Marcus & Millichap is pleased to present Buffalo Wild Wings – Costco Outparcel, a single-tenant, net-leased restaurant asset located in Lewisville, Texas. The offering provides investors with passive income backed by a corporate lease guarantee, positioned within a dominant retail corridor in the Dallas-Fort Worth metroplex. The asset consists of approximately 5,981 square feet of gross leasable area situated on a 1.18 acre parcel, and was originally constructed in 2002. The property bene?ts from strong visibility and access along South Stemmons Freeway, further enhanced by its positioning as an outparcel to Costco, driving consistent consumer traf?c. The lease is backed by a corporate guarantee and structured with zero landlord responsibilities, offering a fully passive ownership experience. With approximately one year remaining, the lease features 1 percent annual rent increases and renewal options, providing both near-term ?exibility and future upside potential.
The surrounding area features strong demographics, with a population of 100,000 within a three-mile radius and 270,548 within ?ve miles, along with average household incomes exceeding $133,000, supporting long-term tenant performance and retail demand. The property is located near major thoroughfares including I-35 (180,895 VPD) and Sam Rayburn (172,579 VPD), providing excellent regional connectivity and accessibility. Surrounding retailers include Costco, Best Buy, Starbucks, Chipotle, Chili’s, and BJ’s Restaurant & Brewhouse, reinforcing the strength of the retail corridor driving consistent traf?c to the area. The combination of a corporate-backed tenant, passive lease structure, strong demographics, and prime retail positioning makes this a compelling opportunity for investors seeking stable income with future leasing and value-add potential.
The surrounding area features strong demographics, with a population of 100,000 within a three-mile radius and 270,548 within ?ve miles, along with average household incomes exceeding $133,000, supporting long-term tenant performance and retail demand. The property is located near major thoroughfares including I-35 (180,895 VPD) and Sam Rayburn (172,579 VPD), providing excellent regional connectivity and accessibility. Surrounding retailers include Costco, Best Buy, Starbucks, Chipotle, Chili’s, and BJ’s Restaurant & Brewhouse, reinforcing the strength of the retail corridor driving consistent traf?c to the area. The combination of a corporate-backed tenant, passive lease structure, strong demographics, and prime retail positioning makes this a compelling opportunity for investors seeking stable income with future leasing and value-add potential.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,981 SF
Building Class
B
Year Built/Renovated
2002/2023
Price
$3,459,000 CAD
Price Per SF
$578.33 CAD
Cap Rate
6%
NOI
$207,540 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.27 AC
Zoning
LI, Denton
Parking
97 Spaces (10 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R239186 | Improvements Assessment | $1,557,923 CAD |
| Land Assessment | $1,416,817 CAD | Total Assessment | $2,974,740 CAD |
Property Taxes
Parcel Number
R239186
Land Assessment
$1,416,817 CAD
Improvements Assessment
$1,557,923 CAD
Total Assessment
$2,974,740 CAD
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2613 S Stemmons Fwy
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