Bank
Wells Fargo
12066 FM 423, Frisco, TX 75034
Listing Price: $3,149,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Wells Fargo in Frisco, TX. The property consists of a 5,126-square-foot, freestanding building that sits on approximately 1.35 acres of land. There are 2.6 years remaining on the lease with 10% rental increases every 5 years.
Wells Fargo
Investment Highlights
- Corporate Ground Lease with 2.6 Years Remaining
- Signalized Hard Corner Location on East Eldorado Parkway and FM 423 (85,591 VPD)
- Affluent Dallas Submarket – $171K Average Household Income (1-Mile, 2x National Avg.)
- 18-Year Operating History - Branch-Level Deposits of $154 Million
- Large 1.35 Acre Outparcel to Walmart Supercenter
Exclusively Listed By
Listing Price: $3,149,000
Investment Highlights
- Corporate Ground Lease with 2.6 Years Remaining
- Signalized Hard Corner Location on East Eldorado Parkway and FM 423 (85,591 VPD)
- Affluent Dallas Submarket – $171K Average Household Income (1-Mile, 2x National Avg.)
- 18-Year Operating History - Branch-Level Deposits of $154 Million
- Large 1.35 Acre Outparcel to Walmart Supercenter
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Wells Fargo in Frisco, TX. The property consists of a 5,126-square-foot, freestanding building that sits on approximately 1.35 acres of land. There are 2.6 years remaining on the lease with 10% rental increases every 5 years.
Exclusively Listed By
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