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Electronics

Verizon

120 FM 3099, Breckenridge, TX 76424

Listing Price: $400,000

Cap Rate
7.20%
Tenant Name
Verizon
Years Remaining On Lease
4.0
Gross SF
1,200
Guarantor
Franchisee Guarantee
Rentable SF
1,200
Price/Gross SF
$333.33
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.00

Investment Overview

4.25 Years Remaining on a Triple-Net Lease | Corporate Guaranty – Russell Cellular, Inc., Franchisee with Over 750 Stores | One of the Largest Verizon Authorized Dealers in the US | Russell Cellular’s 2023 Revenues were $330 Million

Across the Street from Walmart Supercenter with One Million in Foot Traffic Annually | Adjacent to Tractor Supply and Higginbotham Brothers (In the Top 22 Percent in the State in Foot Traffic), and McDonald’s (In the Top 10 Percent in the State in Foot Traffic) per Placer.ai

Six Minutes From Hubbard Creek Lake

Six Minutes from Downtown Breckenridge with Buckaroo Stadium, Breckenridge High School, South Elementary School, Booker T Washington Park, Joe K Boyce Park, and Breckenridge Disc Golf Course

Surrounded by Well-Performing National Retailers | Across the Street from Breckenridge Country Club

Located Near Intersection of FM 3009 and US 180, Which is a Main Artery to Fort Worth | 100 Miles from the Dallas/Fort Worth Metroplex, the 4th Largest Metro Area in the United States

Investment Highlights

  • 4.25 Years Remaining on Triple-Net Corporately Guaranteed Lease | Guaranteed by Russell Cellular, Inc., Franchisee with Over 750 Stores - One of the Largest Verizon Authorized Dealers
  • Surrounded by Well-Performing National Retailers - Walmart Supercenter with Over One Million Visitors per Year; Tractor Supply and Higginbotham Brothers, in Top 22 Percent in Foot Traffic in the State
  • Located Near Intersection of FM 3009 and US 180, Main Throughfare Through Breckenridge and Extends Directly to Dallas/Ft Worth Metroplex - 100 Miles | Dallas/Ft Worth is the 4th Largest Metro in US

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Listing Price: $400,000

Cap Rate
7.20%
Tenant Name
Verizon
Years Remaining On Lease
4.0
Gross SF
1,200
Guarantor
Franchisee Guarantee
Rentable SF
1,200
Price/Gross SF
$333.33
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.00

Investment Highlights

  • 4.25 Years Remaining on Triple-Net Corporately Guaranteed Lease | Guaranteed by Russell Cellular, Inc., Franchisee with Over 750 Stores - One of the Largest Verizon Authorized Dealers
  • Surrounded by Well-Performing National Retailers - Walmart Supercenter with Over One Million Visitors per Year; Tractor Supply and Higginbotham Brothers, in Top 22 Percent in Foot Traffic in the State
  • Located Near Intersection of FM 3009 and US 180, Main Throughfare Through Breckenridge and Extends Directly to Dallas/Ft Worth Metroplex - 100 Miles | Dallas/Ft Worth is the 4th Largest Metro in US

Investment Overview

4.25 Years Remaining on a Triple-Net Lease | Corporate Guaranty – Russell Cellular, Inc., Franchisee with Over 750 Stores | One of the Largest Verizon Authorized Dealers in the US | Russell Cellular’s 2023 Revenues were $330 Million Across the Street from Walmart Supercenter with One Million in Foot Traffic Annually | Adjacent to Tractor Supply and Higginbotham Brothers (In the Top 22 Percent in the State in Foot Traffic), and McDonald’s (In the Top 10 Percent in the State in Foot Traffic) per Placer.ai Six Minutes From Hubbard Creek Lake Six Minutes from Downtown Breckenridge with Buckaroo Stadium, Breckenridge High School, South Elementary School, Booker T Washington Park, Joe K Boyce Park, and Breckenridge Disc Golf Course Surrounded by Well-Performing National Retailers | Across the Street from Breckenridge Country Club Located Near Intersection of FM 3009 and US 180, Which is a Main Artery to Fort Worth | 100 Miles from the Dallas/Fort Worth Metroplex, the 4th Largest Metro Area in the United States

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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