1015 N MURPHY RD

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1015 N MURPHY RD

MURPHY, TX 75094
Asking Price
$4.25M
Cap Rate
6.25%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

100% OCCUPIED BY NNN TENANTS : E-COMMERCE RESISTANT MEDICAL & SERVICE MIX : MURPHY, TX <p>Shops at North Murphy is a 7,782-square-foot, multi-tenant retail center situated on a 0.78-acre fee simple parcel in the affluent suburban community of Murphy, Texas, within Collin County—one of the fastest-growing and most economically dynamic regions in the Dallas-Fort Worth Metroplex. Constructed in 2019, the property is currently 100 percent occupied by a synergistic mix of medical and service-based retailers, including Murphy Dental, Bloom Pediatric Dentistry, Donut Bliss, and Paradise

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NOI
$80,000
Cap Rate
1.88%
DSCR
0.32
Underwater
Cash-on-Cash
-13.52%
Monthly Payment
$21,051.418
Annual Cash Flow
$-172,617.021

Location & Travel Times