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Investment Highlights

  • 2022 Construction. 2,824+/- SF Building. 1.34+/- Acre Site
  • Excellent Underlying Real Estate Fundamentals | Large 1.4 Parcel on Signalized Corner of Two Major Thoroughfares in North Dallas
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $4.28B in Revenue Across 1,800+ Locations
  • High-Traffic Signalized Corner Location on State Highway 121 (47,452 VPD)
  • Lewisville is an Established DFW Suburb | 135,983+ Residents | $89,233+ Median Household Income
  • Lewisville | Located in the Dallas–Fort Worth Metroplex — 4th Largest MSA in the U.S. | Population: 135,983+

Executive Summary

15-Year Absolute NNN Ground Lease with 10% Rent Increases Every 5 Years in Primary Term & 4 Option Periods

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,824 SF
Building Class
B
Year Built
2022
Price
$4,532,033 CAD
Price Per SF
$1,604.83 CAD
Cap Rate
5%
NOI
$226,602 CAD
Tenancy
Single
Building Height
1 Story
Lot Size
15.66 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
R981222
Land Assessment
$2,415,190 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,415,190 CAD
  • Listing ID: 40249741

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 960 State 121 hwy, Lewisville, TX 75057

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