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Orangetheory Anchored Strip Center 4271 Esplanade Pl 8,953 SF 100% Leased Retail Building Flower Mound, TX 75028 $6,144,235 CAD ($686.28 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Orangetheory Fitness -Anchored Multi - Tenant Center
- Attractive Rental Increase Structures
- Premier Location Within The River Walk
- Value Proposition – Below Market Rent!
- High - Traffic Location
- Highly Affluent Demographics
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
8,953 SF
Building Class
B
Year Built
2019
Price
$6,144,235 CAD
Price Per SF
$686.28 CAD
Cap Rate
6.25%
NOI
$384,015 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.87 AC
Zoning
Commerial
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R1011391 | Improvements Assessment | $3,296,043 CAD |
| Land Assessment | $1,845,181 CAD | Total Assessment | $5,141,224 CAD |
Property Taxes
Parcel Number
R1011391
Land Assessment
$1,845,181 CAD
Improvements Assessment
$3,296,043 CAD
Total Assessment
$5,141,224 CAD
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Orangetheory Anchored Strip Center | 4271 Esplanade Pl
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