2000 State Hwy 121

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2000 State Hwy 121

Bonham, TX 75418
Asking Price
$1.27M
Cap Rate
7%
Asset Type
Storefront Retail
Class
Class B

What's Special

$1,272,000- 7% CAP - Across from Walmart Supercenter, Fast Growing Dallas/Fort Worth Area Suburb <p>​The property is positioned directly across from a 24-hour Walmart Supercenter along Highway 121, which sees approximately 13,200 vehicles per day and provides direct access to the Dallas/Fort Worth Metroplex. Located roughly 65 miles northeast of Dallas/Fort Worth, Bonham continues to benefit from North Texas growth extending through McKinney and Princeton. The site serves a regional trade area of approximately 40,000 residents and is surrounded by schools, national retailers, and the Sam Ra

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NOI
$80,000
Cap Rate
6.29%
DSCR
1.06
Tight
Cash-on-Cash
1.17%
Monthly Payment
$6,294.646
Annual Cash Flow
$4,464.245

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