Available For Sale - Retail

2,949 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
2,949 SF
Price/SF
Show Pricing $
Listing ID
SA456957
Notes
Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant HWY 55 Burgers, Shakes & Fries in the Dallas suburb of Ennis, Texas. This HWY 55 offers a new, 20-year, triple net lease with three, five-year tenant renewal options and 10 percent rent increases every five years. Currently under construction, this extremely attractive architectural design includes a drive-thru.

Hwy 55 was founded in 1991 and currently operates 130+ locations across 13 states and is still run by its original founder.

The Subject Property is within walking distance to Downtown Ennis and is in the heart of a busy retail area off Ennis Avenue. Surrounding national brands include Walmart Supercenter, Planet Fitness, Hibbett Sports, Tractor Supply Company, Dollar Tree, Holiday Inn Express & Suites, Days Inn by Wyndham, Comfort Suites, La Quinta Inn & Suites, Aaron’s, Walgreens, Taco Bell, Chili’s Grill & Bar, Chick-fil-A, McDonald’s, Verizon, Bank of America and many more. The area has strong demographics with an average household income of $68,900 within three miles, and over $72,200 in five miles.

Ennis is part of the Dallas-Fort Worth Metro Area, which is the fourth-most populous metro in the nation with a total population of nearly 7.5 million residents – 1.3 million in Dallas alone. The Subject Property is 35 miles from Dallas and 57 miles from Fort Worth.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Barry Wolfe, Wolfe-Lipsky Retail Group of Marcus & Millichap