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Confidential Offering Memorandum
NET LEASE INVESTMENT Keller, TX
SALE PRICE:
CAP RATE:
NOI:
BUILDING SIZE:
LOT SIZE:
YEAR BUILT:
$2,600,000
7.25%
$188,400
8,620 SF
1.01 AC
1960/ Renovated
INVESTMENT SALE
Eliud Sangabriel, CCIM Moore Matthews, CCIM Matt MatthewsSenior Director Managing Director DirectorO 817.328.1183 O 817-328-1183 O [email protected] [email protected] [email protected]
Property Description
Property OverviewNestled in a prime location, surrounded by historical homes and within the City of Keller’s “Old Town” district. Giving it a timeless place in the oldest part of the town.
Its high visibility, heavy traffic, and unique location makes this a rare opportunity to own an irreplaceable real estate investment.
Property Details• Location: 250 S Main, Keller, Tx• Below market base rent• Excellent visibility• High traffic street frontage• Abundant parking• Excellent signage visibility• Near Keller 1709/Southlake Boulevard• Nestled in a strong demographic area
Demographics• Daytime Population: 78,592• 2018 Population: 110,897 (3 miles)• Average Household Income: $123,736• Median Age: 34• Estimate Per Capita Income: $40,217• Households: 35,962• Projected Annual Growth 2017-2023 :
2.31%
Retail Market OverviewKeller is located in the heart of the DFWMetroplex. It has all of the comforts of a bigcity, yet exhibits a small town charm.Conveniently located within 30 miles ofDallas, Fort Worth, and DFW Airport is justone of the many reasons it is growing muchfaster then the national average.
NESTLED IN THE HEART OF KELLER’S ”OLD TOWN” DISTRICT
HIGH TRAFFIC, EXCELLENT VISIBILITY AND PLENTY OF PARKING
INVESTMENT FINANCIALS
“The Pour House is your neighborhood bar and grill located in the heart of Keller, Texas. Our restaurant offers made from scratch cuisine.
When the sun sets over Keller, The Pour Shack comes ALIVE, attracting the hottest crowds as we have the most dynamic live entertainment and nightlife in Keller. The Pour Shack offers the best in live music which consists of rock bands, dance bands and party rock bands. We are currently in the process of updating our menu, drink specials as well as working towards providing the best service and customer experience.
Take a seat at the bar and watch the live music and dancing or simply watch your favorite NFL, NBA, or MLB team on our endless HD flat screens and projectors. Enjoy being graciously catered to with our vast selection of craft beers, cider beers and stout beers as well as premium and domestic beers. If you’re not a beer drinker then enjoy a glass of wine or signature cocktail. “(description taken from The Pour House website)
Tenant Profile
The information contained in this brochure has been obtained from sources we believe to be reliable. However, we have not verified its accuracyand make no guarantee, warranty, or representation regarding it. It is shared with the possibility of errors, omissions, change of price, lease rate,
availability or other conditions without notice. We advise that you and your advisors should conduct your own investigation of the property.
“Best Small Cities in America” -Wallet Hub
“Top 10 Safest Neighborhoods” -The Dallas Morning News
“Best Places to Raise a Family in Texas” -Niche
“Tree City USA, 25th Anniversary” -Arbor Day Foundation
“7 Dallas-Fort Worth Suburbs with the Best Downtowns” -Neighborhoods.com
“The Safest Cities in Texas 2018” -National Council for Home Safety and Security
“Best Suburbs to Buy a House in Texas” -Niche
CONFIDENTIALITY AND DISCLAIMER
