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Denny's & FedEx Office | Murphy, TXsale

Denny's & FedEx Office | Murphy, TX

, Sold.
$3,753,145

Investment Highlights

  • Adjacent to Wal-Mart & Lowes

  • Unique Denny's/FedEx Building

  • Heavy Traffic on Road 544 + Murray Road: 50,200 VPD

  • In Between Brahm's Ice Cream and Chase Bank

  • Newer Construction Less than 2 Years Old

  • Texas is an Income Tax Free State

  • 22 Miles to Downtown Dallas

  • 5 Miles to President George Bush Turnpike

  • Huge Growth in the Immediate Area – Population in Murphy Grew 500% in Past 15 Years

  • High Net Worth Personal Guarantee on Denny's

Property Information (Shared)

Lessee: La Raza Pizza, Inc. (60 Unit Entity)
Building Size: ±6,450 Square Feet
Land Area: ±39,030 Square Feet
Year Built: 2016
Total Rent: $206,423

DENNY'S

Tenant Name: Denny's Franchisee
Rent: $137,748
Lease Rate Increases: 10% Every 5 Years
Size of Each Space: ±4,400 Square Feet
Lease Term: 20 Year
Lease Expiration Date: February 28, 2036
Options to Extend: 1 x 20 Year Option
Website: www.dennys.com

FEDEX OFFICE

Tenant Name: FedEx Office Print & Ship Services Inc. DBA FedEx Office
Rent: $68,675
Lease Rate Increases: 10% Every 8 Years
Size of Each Space: ±2,050 Square Feet
Lease Term: 10 Year
Lease Expiration Date: November 30, 2026
Options to Extend: 3 x 5 Year Options
Website: www.fedex.com/us/office

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More Information

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