Bank
Wells Fargo (Dallas MSA)
5520 Colleyville Blvd, Colleyville, TX 76034
Listing Price: $2,914,598
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire a ground lease Wells Fargo in Colleyville, Texas. The property consists of a 4,946-square-foot freestanding building that sits on 1.16 acres of land. There are 4.5 years remaining on the current lease term, with 10% rental increases every five years.
Investment Highlights
- Corporate Ground Lease with 4.5 Years Remaining
- High Performing Branch - Consumer Deposits are $138,615 as of June 30, 2023
- Near the Signalized Hard Corner Location on Colleyville Boulevard and Church Street; Combined Traffic Counts Exceed 28,017 Vehicles per Day
- Affluent Dallas Submarket - Average Household Income is $216,236 Within a One-Mile Radius. (Two Times the National Average.)
- More than 247,478 Residents Within a Five-Mile Radius
- Colleyville Is One of the Wealthiest Cities in the Country
- Larger Employee Base of 290,732 Individuals, Reflecting a 17 Percent Increase Compared to the Residential Population
- Located Minutes from DFW International Airport, the Second Busiest Airport in the World by Passenger Traffic
Exclusively Listed By
Financing By
Listing Price: $2,914,598
Investment Highlights
- Corporate Ground Lease with 4.5 Years Remaining
- High Performing Branch - Consumer Deposits are $138,615 as of June 30, 2023
- Near the Signalized Hard Corner Location on Colleyville Boulevard and Church Street; Combined Traffic Counts Exceed 28,017 Vehicles per Day
- Affluent Dallas Submarket - Average Household Income is $216,236 Within a One-Mile Radius. (Two Times the National Average.)
- More than 247,478 Residents Within a Five-Mile Radius
- Colleyville Is One of the Wealthiest Cities in the Country
- Larger Employee Base of 290,732 Individuals, Reflecting a 17 Percent Increase Compared to the Residential Population
- Located Minutes from DFW International Airport, the Second Busiest Airport in the World by Passenger Traffic
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire a ground lease Wells Fargo in Colleyville, Texas. The property consists of a 4,946-square-foot freestanding building that sits on 1.16 acres of land. There are 4.5 years remaining on the current lease term, with 10% rental increases every five years.