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3020 Justin Rd 4,972 SF Retail Building Highland Village, TX 75077 For Sale
Investment Highlights
- Location: High-traffic intersection in front of Wal-Mart, attracting significant vehicle traffic.
- Perfect for owner/users or investors. Priced accordingly to the market, this property is perfect for both operators and investors
- Don’t miss out on the opportunity to acquire a fully finished out 2nd generation restaurant.
- Land Area: Expansive lot size of just under 1.5 AC, offering potential for future expansion or redevelopment.
- Finish-Out: the building is currently finished out as a class-A restaurant, and FF&E are negotiable to stay or go.
Executive Summary
Available for sale is a single-tenant freestanding restaurant building located at 3020 Justin Rd. Highland Village, TX 75077. The property is strategically located just E. of the hard corner of Justin Rd. and Village Pkwy., more specifically fronting Justin Rd. on an pad site directly in front & contiguous to Wal-Mart. This property offers a ~5,000 sq. ft . building situated on ~1.5 AC making this one of the largest single-tenant pads in the neighborhood. The building is currently leased to Honeyberry Pancakes & Cafe; however, the Tenant will vacate prior to closing and a vacant property will be conveyed at closing (if interested in the Tenant staying, please reach out to the agent to discuss).
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,972 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.45 AC
Zoning
PD-R - Commercial/Retail
Frontage
170’ on FM 407
Amenities
- Restaurant
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R285048 | Improvements Assessment | $1,114,715 CAD |
| Land Assessment | $1,741,623 CAD | Total Assessment | $2,856,337 CAD |
Property Taxes
Parcel Number
R285048
Land Assessment
$1,741,623 CAD
Improvements Assessment
$1,114,715 CAD
Total Assessment
$2,856,337 CAD
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3020 Justin Rd
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